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Industrial Production Drops By Most In 11 Months (After Biggest Surge Since 2010)

Tyler Durden's picture




 

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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Fri, 01/16/2015 - 10:25 | 5669929 papaswamp
papaswamp's picture

(Something) Vortex Bitchez!!!! Arrrrghhhhh!

Fri, 01/16/2015 - 10:42 | 5670001 Smegley Wanxalot
Smegley Wanxalot's picture

the Goldman Vortex.

Fri, 01/16/2015 - 11:09 | 5670098 HardlyZero
HardlyZero's picture

Swan, swans.

Vortex, vortices.

They're multiplying !

NON-Laminar flow !!

Fri, 01/16/2015 - 10:27 | 5669936 Callz d Ballz
Callz d Ballz's picture

What?  Shit credit gets you a brand new KIA.  Forward!

Fri, 01/16/2015 - 10:36 | 5669975 chinaboy
chinaboy's picture

Industrial Production SNBed

Fri, 01/16/2015 - 10:41 | 5669990 Callz d Ballz
Callz d Ballz's picture

Comedy gold....MSM's pissing on themselves as the market turns positive.

Fri, 01/16/2015 - 10:44 | 5670005 richiebaby
richiebaby's picture

Behold the market rises! (Sounds of gasping)

Fri, 01/16/2015 - 10:46 | 5670010 Dr. Engali
Dr. Engali's picture

Hearing the words 'industrial production' in the U.S always cracks me up.

Fri, 01/16/2015 - 10:47 | 5670023 richiebaby
richiebaby's picture

"Production" includes realty tv shoWs right?

Fri, 01/16/2015 - 10:46 | 5670022 NoVa
NoVa's picture

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

Fri, 01/16/2015 - 11:22 | 5670158 SheepDog-One
SheepDog-One's picture

Good news! Stuporbowl drunkfest comin for all Murkans with Katie Perry!

Fri, 01/16/2015 - 11:46 | 5670335 Callz d Ballz
Callz d Ballz's picture

That's good for at least 300 on the Dow.

Fri, 01/16/2015 - 12:51 | 5670638 Mike Honcho
Mike Honcho's picture

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

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