HI-TRANSFER

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a flattening with total industrial production increasing just 0.02% from January and rising 4.03% above the level seen in February 2011.

Capacity utilization declined 0.06% from January climbing 2.83% above the level seen in February of 2011 to stand at 78.70%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a pullback with total industrial production increased 0.3% from December and rising 3.35% above the level seen in January 2011.

Capacity utilization declined 0.06% from December climbing just 2.16% above the level seen in January of 2011 to stand at 78.55%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a pullback with total industrial production declining 0.22% from October and rising 3.74% above the level seen in November 2010.

Capacity utilization declined 0.30% from October climbing just 2.63% above the level seen in November of 2010 to stand at 77.79%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity improved slightly in November with the seasonally adjusted index climbing 0.13% from October and climbing 0.92% above the level seen in November 2010.

Currently, the PCI appears to be slowing overall joining a host of other sensitive indicators that currently appear to be signaling notable economic weakness and possible looming recession.  

The three month moving average of the PCI increased slightly from October indicating that the November (released this week) Industrial Production data will likely show a similar trend.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing mild improvement with total industrial production increasing 0.68% from September and rising 3.92% above the level seen in October 2010.

Capacity utilization increased 0.59% from September climbing just 2.72% above the level seen in October of 2010 to stand at 77.76%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production is epically weak, consumer confidence has dropped off a cliff, business confidence is collapsing and the leading index is turning down fast dropping 0.3% since August and 5.76% below the level seen in September 2010.

For October (more timely data), consumer confidence collapsed 0.84% from September and dropped 1.95% below the level seen in August 2010 while business confidence plummeted 0.5% from September and slumping 0.88% below the level seen in October 2010.

Industrial production remains epically weak while jumping 11.05% between June and July 2011 (much less timely data) remaining near the lowest levels seen since the late 1990s.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity improved in October with the seasonally adjusted index climbing 1.15% from September and climbing 1.33% above the level seen in October 2010.

Currently, the PCI appears to be slowing overall joining a host of other sensitive indicators that currently appear to be signaling notable economic weakness and possible looming recession.  

The three month moving average of the PCI declined from September indicating that the October (released next week) Industrial Production data will likely show a similar trend.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing mild improvement with total industrial production increasing 0.19% from August and rising 3.22% above the level seen in September 2010.

Capacity utilization increased 0.09% from August climbing just 2.24% above the level seen in September of 2010 to stand at 77.4%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity slowed again in September with the seasonally adjusted index declining 1.05% from August and dropping 0.22% below the level seen in September 2010.

Currently, the PCI appears to be joining a host of other sensitive indicators that currently appear to be signaling notable economic weakness and looming recession.  

The three month moving average of the PCI declined notably from August indicating that the September (released next week) Industrial Production data will likely show a similar trend.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a slight improvement with total industrial production increasing 0.18% from July and rising 3.35% above the level seen in August 2010.

Capacity utilization increased 0.08% from July climbing just 2.45% above the level seen in August of 2010 to stand at 77.29%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a notable improvement with total industrial production increasing 0.91% from June and rising 3.70% above the level seen in July 2010.



Capacity utilization increased 0.80% from June climbing 2.95% above the level seen in July of 2010 to stand at 77.52%



It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity slowed in July with the seasonally adjusted index declining 0.21% from June and only rising 1.0% above the level seen in July 2010.



The three month moving average of the PCI declined slightly from June indicating that the July (released next week) Industrial Production data will likely show a similar trend.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing slight flattening of sorts with total industrial production increasing just 0.19% from May but rising 3.41% above the level seen in June 2010.

Capacity utilization increased 0.08% from May but climbed 2.97% above the level seen in June of 2010 to stand at 76.71%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing slight flattening of sorts with total industrial production increasing just 0.10% from April but rising 3.42% above the level seen in May 2010.

Capacity utilization declined 0.01% from April but climbed 3.25% above the level seen in May of 2010 to stand at 76.73%

It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing slight declines with total industrial production falling 0.01% from March but rising 4.95% above the level seen in April 2010.

Capacity utilization also slowed falling 0.12% from March but climbing 5.10% above the level seen in April of 2010 to stand at 76.91%