HI-TRANSFER

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.

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.

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.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity picked up in June with the seasonally adjusted index increasing 1.01% from May and rising 2.20% above the level seen in June 2010.

The three month moving average of the PCI continued to went flat from May indicating that the June (released friday) Industrial Production data will likely show a similar trend.

Chief PCI Economist Ed Leamer likens the current economic circumstances to a wobbly "she loves me, she loves me not" situation with the national economic trends vacillating monthly between strength and weakness.

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that economic activity slowed slightly in April with the seasonally adjusted index declining .50% from March but remaining 3.45% above the level seen in April 2010.

Further, the three month moving average of the PCI continued to climb from March indicating that the March (next week) Industrial Production data will likely show a similar trend.

Chief PCI Economist Ed Leamer calls the latest trend "wobbly and muted" and suggests that while growth is still occurring, the trends are weak.