![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7ZFkSPR5CTPhBSUKBs9b7fIfYUuGW-w4nRL7EKIJLH8ZBmq01bZ-B0K280IYMPQcOdeMJxdlZcdXDSJ00II3HApedXeLw89BzLU1EBIXkhRdTxgM_v9ZSYWkNyM_jHgYPUAhR/s400/pulse.jpg)
The latest release of the
Ceridian-UCLA Pulse of Commerce Index™ (PCI) suggests that the economic activity increased slightly in November with the seasonally adjusted index increasing 0.38% as compared to October and remaining 4.48% above the level seen in November 2009.
Further, the three month moving average continued to decline indicating that the November Industrial Production data will likely show a similar trend.
![](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_uREKB31gizsRfKsvtNfNkppO93Lo-xA62xnjc7_SfWzk-u-nRbP12SqKjsdtu94ELTSNtapN6ceLkQxwpZcWzPopbxJNEWEelxBXNI44ltT0yX37p25iQ1nDvPMXsjFzwjHcMJuN_XAJewXfQnxH0hsm0=s0-d)