New Index Based on Diesel Fuel Consumption Data Points to Need for Economic Reality Check

Ceridian-UCLA Pulse of Commerce Index drops in January after exceptionally strong December; foretells Industrial Production Index


Minneapolis, MN — February 12, 2010 — Results from a new econometric report show the U.S. economy fell in January after a significant increase in December, with the new index based on diesel fuel consumption data falling at an annualized rate of 36.8 percent.

The Ceridian-UCLA Pulse of Commerce Index is based on an analysis of real-time diesel fuel consumption data from over the road trucking tracked by Ceridian Corporation. Ceridian produces the index in conjunction with UCLA Anderson School of Management and Charles River Associates. It mirrors closely the Federal Reserve's Industrial Production Index but is issued days before that index is released.