Capacity Utilization: Total Industry VS US10Y-US02YCapacity Utilization: Total Industry VS US10Y-US02Y
TCU trade ideas
US Capacity Utilization vs Continuing Jobless ClaimsUS Capacity Utilization vs Continuing Jobless Claims
Will we break this LTB? Well I hope so.
This is the utilization graph of industry power. And I hope we break this LTB.
DATA VIEW (NOT A FORECAST): US CAPACITY UTILIZATION RISKTotal Capacity Utilization index, which measures the share of industrial capacities of US companies employed in actual production, has also nearly restored its crisis losses.
However, the index has bounced down from the 80% mark in the recent readings, falling out of its ascending range.
It is too early to conclude if it is the end of recovery in the index. The risk will be only confirmed if the data continues downward along its new descending trend line (marked orange on the chart)
