Wednesday, October 13, 2010

On The Pulse: Ceridian-UCLA Pulse of Commerce Index September 2010

The latest release of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that the economic activity slipped again September with the seasonally adjusted index declining .50% as compared to August but remaining 5.79% above the level seen in September 2009.

Further, the three month moving average remained flat indicating that the September Industrial Production data (released tomorrow) will likely show a similar trend.