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Ceridian-UCLA PCI Rose 0.2% in December
January 16, 2012
The Ceridian-UCLA Pulse of Commerce Index (PCI), an economic index that tracks fuel sales at truckstops nationwide, rose 0.2 percent in December, following 1.1 percent and 0.1 percent increases in October and November, respectively. Despite the positive news, the combined effect of the three months was not enough to offset the weakness of trucking last summer. In the past three months, the PCI increased at an annualized rate of 0.5 percent. On a year-over-year basis, the PCI was down 0.7 percent in December compared with the 0.9 percent year-over-year increase in the prior month.
- NATSO News Weekly (NNW)