The current decline in US manufacturing would be the first time since 1952 that Industrial Production has declined for four straight months without the US economy not being in recession. A worse-then-expected 0.5% MoM plunge – near the worst since 2009, led to a 1.0% drop YoY, the 4th monthly decline…

Another data point to ignore…

 

Led by a 9.9% YoY crash in mining…biggest since 1983!

 

If it walks like a duck, quacks like a duck… it must be a recession?


Запись US Industrial Production Collapses Most Since 1952 Outside Of Recession впервые появилась crude-oil.top.