Industrial Production Disappoints For 15th Straight Month - Longest Non-Recessionary Streak In 100 Years

For the 15th straight month, US Industrial Production has decline YoY (by 0.6%). This is the longest streak in US history without a recession.

IP decline 0.4% MoM in November (the biggest drop since March) and missed expectations... despite a surge in surveys proclaiming manufacturing picking up? 

 

The biggest driver of the drop... Vehicle Production declined 3.7% MoM


 

At some point this matters, right?

 

"probably nothing"

Comments

No comments yet! Be the first to add yours.