Archive for October 26th, 2010

ATA Truck Tonnage Index Increases Slightly in September

| October 26, 2010

The American Trucking Association (ATA) reported that its Truck Tonnage Index increased 1.7% in September after falling 2.8% in August. ATA Chief Economist Bob Costello said that truck tonnage over the last few months fits with an economy that is growing very slowly. “While I am glad to report that tonnage grew in September, the […]

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Severity of Current Consumption Contraction Surpasses 2008 Recession

| October 26, 2010

The Growth Index (GI) tracked by the Consumer Metrics Institute (CMI) has been contracting since early this year, and the severity of the consumption contraction has now surpassed that of the 2008 recession. The following graph displays the trailing annualized growth rate of the GI for both the 2008 recession and the 2010 consumption contraction. […]

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Case-Shiller Index Declines in August

| October 26, 2010

The Case-Shiller home price data for August were released today, showing a 0.2% decline in the 20-city composite index. Data through August 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show a deceleration in the annual growth rates in 17 of the 20 […]

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Short-term Forecast for October 26, 2010

| October 26, 2010

Stock Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. The S&P 500 Index The index closed near unchanged today, holding at recent highs of the uptrend […]

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