Tuesday, February 9, 2010

Two Measures Of Economic Activity

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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