US Manufacturing Output Stagnates For 14th Straight Month (Despite Surging Surveys)

Tyler Durden's picture

US Manufacturing output stagnated for the 14th month in a row in December with a mere 0.2% rise year-over-year (amid downward revisions), notably less than the expected 0.4% rise. While industrial production rose year-over-year for the first time since August 2015 (thanks to a surge in vehicle production). Natural gas utility output also soared 12.0% MoM providing some impetus to the headline print's 0.8% MoM gain.



It appears the soft survey data is once again entirely decoupled from the hard reality data...


And just in case that's too hard to read...

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LawsofPhysics's picture


another word that will go the way of the dodo, much like "collateral", or "RISK" or "WORK"

fuedalism 2.0 motherfuckers!

FreeShitter's picture

Welcome to the machine....."The best way to get rich is to inherit" -Old Yeller.

shizzledizzle's picture

Janet is busy manufaturing. Her catch @ 9:36 was amazing. God Speed Janet

wholy1's picture

WHY such a "trend" continues . . . DUH.

The once "properous" PRODUCTIVE working segment of the Nation has been systematically decimated and is now "tapped out".

Oldwood's picture

I know ours has stagnated. Sales have been shit for the last four months. I haven't bid a job in four weeks. Building custom furniture, it seems my only options left are going GAY and offering to finance our projects. Don't think I can pull off either.

LawsofPhysics's picture

Well, the only way to truly rob a bank is to become a bank...

I have seen more than one business person do this.