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US Industrial Production Fall -0.4% In August, Capacity Utilization Falls To 75.5%

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Please don’t send me emails saying “But we are a service economy.” Although Ford announced that it is going to build its small cars in Mexico. Hecho en Mexico!

Liquidity moves markets!

Follow the money. Find the profits! 

The August industrial productions numbers were not good. Industrial production fell -0.4%.  And capacity utilization fell to 75.5%. The benchmark target is 80%.

Here is a chart of capacity utilization and expected US GDP. A picture is worth a thousand words.


As Bruce Springsteen likes to mumble, “Goin’ Down.”



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