Sunday, August 16, 2009

Is the Recession Over?

Is this leg of the Great Recession over? Or has the government duped us yet again?
Capacity utilization inched up a few tenths of a percent in July, the Fed proclaimed today. American companies utilized 68.5% of their productive potential, up from June’s record low of 68.1%. We have a particular affinity for this D-list data point…aside from measuring our collective utility, it’s a worthy economic indicator


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