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Friday, November 18, 2016

Industrial Production Contracts For 14th Straight Month - Longest Non-Recessionary Streak In 96 Years

Industrial Production fell year-over-year for the 14th straight month - the longest period of contraction without a recession in 96 years. Against expectations of a small 0.2% rise in October, Industrial Production was unchanged (and manufacturing missed expectations).

This is the biggest 2 year decline in industrial production since August 2008...

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