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Friday, December 16, 2016

Industrial Production Disappoints For 15th Straight Month - Longest Non-Recessionary Streak In 100 Years

For the 15th straight month, US Industrial Production has decline YoY (by 0.6%). This is the longest streak in US history without a recession.

IP decline 0.4% MoM in November (the biggest drop since March) and missed expectations... despite a surge in surveys proclaiming manufacturing picking up?

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5 comments:

Anonymous said...

Gosh , another obama legacy!!

Anonymous said...

Someone needs to leak the fact that we've been in a recession since 2008 to this "author".

Anonymous said...

The obama's are doing just peachy

Anonymous said...

Obamas the man.

Anonymous said...

We are in for a recession but you can bet Trump will get blamed for it. I heard Trump say at least 6 mo. ago there was a recession coming but he hoped it would happen befor the election. I hope he can stave it off.