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Industrial Production Drops By Most In 11 Months (After Biggest Surge Since 2010)
Industrial Production dropped 0.1% in December (slightly worse than expected) after November's 1.3% surge - the biggest sicne may 2010. Not since Jan 2014's Polar Vortex has Industrial Production dropped more than this. The 5.5% surge in vehicle production - as suspected - was entirely unsustainable and dropped 0.9% in December and Utilities collapsed 7.3% on the month - the worst dropo since Jan 2006.
Industrial Production dropped most since Jan 2014...
led by Motor Vehicles...
and Utilities...
Charts: Bloomberg
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(Something) Vortex Bitchez!!!! Arrrrghhhhh!
the Goldman Vortex.
Swan, swans.
Vortex, vortices.
They're multiplying !
NON-Laminar flow !!
What? Shit credit gets you a brand new KIA. Forward!
Industrial Production SNBed
Comedy gold....MSM's pissing on themselves as the market turns positive.
Behold the market rises! (Sounds of gasping)
Hearing the words 'industrial production' in the U.S always cracks me up.
"Production" includes realty tv shoWs right?
Stop with all the bad news already. Retail sales DOWN, Jobless claims UP, MOAR layoffs, Philly Fed outlook BAD, now Production DOWN.
EUNF already -
I want some good news, like who is going to LA on American Idol.
/s/
Long SPXU (short the S&P 500)
NoVa
Good news! Stuporbowl drunkfest comin for all Murkans with Katie Perry!
That's good for at least 300 on the Dow.
We aren't at the bottom of the barrel yet gents, when exporting garbage is your cash cow then you feel the noose tightening....oh wait.
http://www.usnews.com/opinion/blogs/jodie-allen/2010/03/03/americas-biggest-trade-export-to-china-trash