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"


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