Industrial production continues to put on a spectacular show in a negative sense. The index of industrial production is down yet again, this time by 0.4 percent vs. a Bloomberg Econoday consensus estimate of -0.1 percent. A steep drop in autos led the way.
Source: Mike Shedlock – Industrial Production Declines 7th Time in 10 Months; Just Manufacturing?
Posted in: News and politics
Posted on June 16, 2016
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