pphilfran
10/14/2010, 08:00 PM
I will break you all in slowly...I have more economic data charts than Carter has pills...
Today's session will concentrate on GDP and industrial electrical usage...
Industrial electrical usage fell off the map during the recession...once it fell to lower levels it never broke out and moved back to prior levels...if your factories aren't running at full capacity you ain't gonna be hiring...thus the current recovery has been short on manufacturing jobs...i
But it now looks like there might still be life in the sector...industrial electrical usage had a good month during the last reporting...the next two months should also show some increase (based on the past history) prior to hitting the fall/winter usage slowdown...
Monthly GDP data from http://www.e-forecasting.com/US_Monthly_GDP.html
Electrical usage from http://www.eia.doe.gov/cneaf/electricity/epm/table5_1.html
http://i264.photobucket.com/albums/ii187/pphilfran/indelecusage16.jpg
Today's session will concentrate on GDP and industrial electrical usage...
Industrial electrical usage fell off the map during the recession...once it fell to lower levels it never broke out and moved back to prior levels...if your factories aren't running at full capacity you ain't gonna be hiring...thus the current recovery has been short on manufacturing jobs...i
But it now looks like there might still be life in the sector...industrial electrical usage had a good month during the last reporting...the next two months should also show some increase (based on the past history) prior to hitting the fall/winter usage slowdown...
Monthly GDP data from http://www.e-forecasting.com/US_Monthly_GDP.html
Electrical usage from http://www.eia.doe.gov/cneaf/electricity/epm/table5_1.html
http://i264.photobucket.com/albums/ii187/pphilfran/indelecusage16.jpg