ECRI Weekly Leading Index Down 10.7%
ECRI Weekly Leading Index is down 10.7%. Prior reading was at -10.5%. Chart 1. ECRI Weekly Leading Index
Archive for July 30th, 2010
U.S. GDP Rose 2.4% in Q2 2010
U.S. GDP Rose 2.4% in Q2 2010. The consensus was at 2.6%, Q1 reading was at 2.7%. Another miss, but not a big one (jet). Chart 1. U.S. Real GDP & Percent Change
ATA For-Hire Truck Tonnage Index Falls For Two Consecutive Months
Another data point pointing to a slowdown…. From the press release: The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.4 percent in June, although May’s reduction was revised from 0.6 percent to just 0.1 percent. May and June marked the first back-to-back contractions since March and April 2009. The latest […]
Mind The Gap
It remains to be seen whether the today’s U.S. GDP reading (for Q2) will flash slowdown, but no doubt remains that this quarter (Q3) will be ugly. Chart 1. Consumer Metrics Institute‘s Growth Index vs. Official Quarterly GDP Growth Rates