PCI

Prior to May’s increase, April was up 0.1 percent and March and February were up 0.3 percent and 0.7 percent, respectively.

The PCI was up 0.3 percent in March, following February’s 0.7 percent gain. This cumulative 1.0 percent increase does not offset January’s 1.7 percent decline to start the year.

The February PCI was up 0.7 percent, but the report’s authors said that was not enough to offset the 1.7 percent decline in January.

January’s PCI dipped 1.7 percent after a 0.4 percent December gain and increases of 0.1 percent and 1.1 percent in November and October, respectively. With this decline, the PCI has seen growth in five of the last 11 months.

With the economy showing some slight signs of growth, the Ceridian-UCLA Pulse of Commerce Index (PCI) was up for the second straight month in November, with a 0.1 percent gain on the heels of October’s 1.1 percent rise.

While the economy is still not in a full-fledged recovery, the situation may not be as dire as it was a month ago, according to the most recent edition of the Ceridian-UCLA Pulse of Commerce Index.

The most recent edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) brought home about the only consistent theme regarding the stalled economy of recent months: not much seems to be changing.

On the heels on a 2.7 percent gain in March, following a cumulative 2.8 percent decline in January and February, the April edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) was down 0.5 percent. The PCI has been down on a sequential basis in six of the last nine months, but it was up 3.5 percent compared to April 2010 and has been up annually for 17 consecutive months.