In Canada the capacity utilization rate has climbed from 80.5% the previous quarter to 81%. As Canada is a resource based economy, this could be an indication that the commodities market will improve in the next quarters. Capacity utilization rates above 80% are inflationary.
http://www.bloomberg.com/news/2012-09-13/canada-second-quarter-capacity-utilization-report-text-.html
U.S. capacity utilization took a dive in August 2012 to 78.2%, much less than the forecast. This is the lowest since October 2011 and a huge break of the trendline. We can't make too much conclusions on this number because QE3 has just been announced and will have an effect on the future.
Friday 14 September 2012
Capacity Utilization Rate Keeps Climbing in Canada, but not in the U.S.
Posted on 04:55 by Unknown
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