Two measures of economic activity that I closely follow have been weak over the recent past months. This is notable, as they did enjoy a significant "boost" over the mid-2009 timeframe.
These two measures have proven to be excellent indicators in the past. They would be considered "coincident" in nature.
I view the weakness of these two economic measures to be disconcerting.
Of course, the weakness they portray is in contrast to a variety of widely quoted economic statistics and other economic indicators that have been showing various degrees of economic recovery and strength.
SPX at 1070.77 as this post is written
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