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To: Johnny Canuck who wrote (44743)4/18/2008 4:32:08 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69132
 
Capacity Utilization Numbers Not Signaling Recession
by: William Trent posted on: April 18, 2008 | about stocks: SPY / XLI / XLU

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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.

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Still, we have yet to see the spike down in capacity utilization that has accompanied every recent recession.

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