CMI: Daily Growth Index Rockets Higher

On August 3, 2011 the CMI Daily Growth Index went into growth territory for the first time in 566 days — ending the longest consecutive string of contraction-days that we have ever experienced. Furthermore, the rise off of the record lows set as recently as May 30, 2011 has been nothing short of spectacular:

CMI: Consumer Contraction Ends After 19 Months

On August 3, 2011 our Daily Growth Index went into growth territory for the first time in 566 days — ending the longest consecutive string of contraction-days that we have ever experienced. Furthermore, the rise off of the record lows set as recently as May 30, 2011 has been nothing short of spectacular: