First Three Month Decline in Capacity Utilization Since Recession

Today capacity utilization, a measure of economic activity and a closely watched indicator of economic well-being, recorded its first three month decline since the recession.

capacity utilization

VIDEO: David Stockman: The Economy Is Falling Apart

What We’re Reading:

4 reasons the Fed won’t raise interest rates this summer (Fortune)
The Return of King Dollar (National Review)
Bad beginnings. (The Economist)
U.S. economy still not following script for breakout year (MarketWatch)