Written by Steven Hansen The Ceridian-UCLA Pulse of Commerce Index™ (PCI) state their index has improved 0.1%, but this hapless index has actually fallen 2.7% unadjusted year-over-year (see caveats below).
Tag Archives: Ceridian
Autopsy: March 2012 Ceridan-UCLA Index Shows Economy In Recession
Written by Steven Hansen The authors of the Ceridian-UCLA Pulse of Commerce Index™ (PCI) have thrown in the towel in providing written interpretion their own index. What they wanted the index to do was mimic GDP and industrial production – this turned into a colossal failure as the index decoupled. The likely reason is that …
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February 2012 Ceridan-UCLA Index Improves: It’s Broken but Useful
Written by Steven Hansen The February 2011 Ceridian-UCLA Pulse of Commerce Index™ (PCI) rose 0.7% (down 0.1% year-over-year). Econintersect uses the PCI raw data to help forecast Main Street economy – and our analysis is that the index is up 4.2% month-over-month and up 4.1% year-over-year. The PCI has been in a long term “less …
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January 2012 Ceridan-UCLA Index: Index Down But Is It Broken?
The January 2011 Ceridian-UCLA Pulse of Commerce Index™ (PCI) fell 1.7% year-over-year, and 2.2% below year-ago levels. Econintersect uses the PCI raw data to help forecast Main Street economy – and our analysis is that the index is up 2.6% month-over-month and down 0.1% year-over-year. The data has been in a long term “less good” …
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Ceridan-UCLA Index: Negative Trend Continues December 2011
The Ceridian-UCLA Pulse of Commerce Index™ (PCI) rose 0.2 percent in December following the 1.1 percent increase in October and a 0.1% increase in November. Econintersect uses the PCI raw data to help forecast Main Street economy – and our analysis is that the index is Down 2.74% month-over-month and down 3.7% year-over-year. The data …
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