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ECRI Recession Watch & FED Industrial Production .

Industrial Production and Capacity Utilization


Release Date: February 14, 2014
http://www.federalreserve.gov/RELEASES/G17/current/default.htm

Perspective. Over the 1972-2012 period, the average total industry utilization rate was 80.2 percent; for manufacturing, the average factory operating rate was 78.7 percent. Industrial plants usually operate at capacity utilization rates that are well below 100 percent: none of the broad aggregates has ever reached 100 percent. For total industry and total manufacturing, utilization rates have exceeded 90 percent only in wartime. The highs and lows in capacity utilization shown in table 11 are specific to each series and do not all occur in the same month.

ECRI Recession Watch: Weekly Update
By Doug Short March 7, 2014
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) is at 135.5, up from 131.8 last week.

ECRI has been at the center of a prolonged controversy since publicizing its recession call on September 30, 2011. The company had made the announcement to its private clients on September 21st.

ECRI's Latest Public Commentary
The ECRI Indicator Year-over-Year
Why ECRI's Recession Forecast Was a Blunder

full text & chart:
http://www.advisorperspectives.com/dshort/updates/ECRI-Weekly-Leading-Index.php