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News Link • Economy - Economics USA

What Is Power Consumption Telling Us About The US Economy?

• http://www.zerohedge.com, by Erico Tavares

The expectation is that a more robust economic environment requires more power, although factors like colder winters and warmer summers relative to the norm can greatly skew the analysis. With that in mind, let's have a look at the weekly historical performance of this indicator going back to 1995 (in MM kWhs):

Many peaks and bottoms can be observed as power demand changes seasonally over the year. We have used polynomial smoothing to extract a trend line (in black).

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