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STATISTICS * USA - Trucking-based index puts economy on 4 percent growth track
Minneapolis,MINN,USA -The Trucker News Services -13 April 2010: -- The Ceridian-UCLA Pulse of Commerce Index (PCI) staged a healthy comeback in March, with the PCI growing by 1 percent, making up for February’s snowstorm-induced decline of 0.7 percent... The adjusted index, based on real-time diesel fuel consumption by over the road trucking, grew from 107.4 to 108.5, continuing its climb from a recessionary low of 100.7 in June 2009. With the PCI essentially flat over the first two months of the year, the March increase signals the U.S. economy remains in steady recovery. Continuing another positive trend, the March PCI shows growth over the prior year period for the fourth consecutive month. This follows twenty-two consecutive months of year-over-year declines experienced prior to December 2009...Labels: trucking statistics
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