Industrial Production Contracts For 14th Straight Month - Longest Non-Recessionary Streak In 96 Years

Industrial Production fell year-over-year for the 14th straight month - the longest period of contraction without a recession in 96 years. Against expectations of a small 0.2% rise in October, Industrial Production was unchanged (and manufacturing missed expectations).

 

This is the biggest 2 year decline in industrial production since August 2008...

 

Furthermore, US equity markets have plunged to economic reality twice in the last 2 years...

 

Is this the third time?