U.S. Industrial Production Ratchets Up in July trumpeted the Wall Street Journal on Friday. It added that, “Industrial production, a measure of output in the…
The Fed’s Industrial Production (IP) Index slowed dramatically in April. It weakened enough to decisively break the uptrend in force since 2011, when the trend growth…
The US Industrial Production (IP) Index slowed in March to an annual growth rate of +2.0%. That was the slowest since July 2013 when the growth…
As the stock market has scooted off into Fed driven bubble territory over the past year, industrial production, on the surface at least, appears to…
The headline number on Industrial Production “missed” today, coming in at a seasonally adjusted gain of 0.2% versus the economic consensus guess of 0.4%. But…
The Fed’s actual, not seasonally adjusted (NSA) Industrial Production Index was up 3.2% over the past 12 months after declining by 2.1% in April from…
I saw the great numbers on Industrial Production (IP) the other day and wondered what the heck is going on. So much of the data…
Is this another sign of sudden overheating, or just the vestiges of an unusually cold winter.
The US economy is a big lumbering behemoth consisting of hundreds of millions of actors and billions of transactions every day. It has a life of its own, an inertia against which all of the Fed’s policy manipulations are insanely meaningless.
Industrial Production slowed in July, while stock prices were bubbling away. QE apparently caused a stock market bubble but it has not boosted production. The…