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,ย 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 wonโ€™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)