The Signs of Recovery

The following chart shows the 12-month moving average of annualized production and nonsupervisory sign (durable goods) employee minutes worked per capita.


Click to enlarge.

New businesses need signs. Right?

The signs aren't looking so good, both short-term and long-term.

Update:

After further review, I noticed that the chart's data was per capita and not per 1,000 people. That's been fixed.

Source Data:
BLS: Employment
St. Louis Fed: Population