Capacity Utilization Still Not Signaling Recession
Posted on Friday, April 18th, 2008 | In Market Commentary
Contributed by: William A. Trent (http://stockmarketbeat.com) -
Overall capacity utilization rose to 80.5 percent in March, from 80.3 percent in February and compared to the market expectation of 80.3 percent. According to Econoday, the report overstates strength in the industrial sector with the March gain almost entirely due to large gains in utilities and in mining.
Still, we have yet to see the spike down in capacity utilization that has accompanied every recent recession.
Last 5 posts by William Trent
- Capacity Utilization - August 16th, 2009
- Corporate Profits - July 12th, 2009
- Capacity Utilization - April 18th, 2009
- Another Record: Capacity Utilization - April 2nd, 2009
- Record Territory - March 27th, 2009
 About William A. Trent (http://stockmarketbeat.com)
Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. His experience includes stints with institutional investors responsible for more than $70 billion in assets and covers all market-cap sizes. Sector concentrations have been within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. |
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