No.676
http://www.zerohedge.com/news/2015-04-02/chart-day-us-already-recession
>A month ago, when looking at the latest Factory Orders numbers, we noticed something very disturbing: the annual rate of increase, or rather decrease, in factory orders dropped to -2.3%. The last two time this happened was in 2008, just after the failure of Lehman, and in 2001, just as the US was again entering a recession. In fact, if there is one reliable, false-negative proof indicator of key recessionary inflection points in the US economy, it is the annual change in Factory Orders. No.677
I work in the transportation equipment supply industry(trucking and delivery), which is an early predictor as far as booms and recessions go. We are booked solid up through October of 2015, so I would say no. Demand is heavy for equipment, so shit is moving out there. If a bunch of companies start canceling their equipment orders in a pattern I know the shit is going to hit the fan in about 4-5 months. That hasn't happened so far, so gonna say we are good at the moment.