Posted by: Dirk | April 22, 2016

US Industrial Production Index – Not so good news

I was just looking at US data and found the FRED2 stats for the US Industrial Production Index not so good news:

IPIThe index had surpassed the pre-crisis peak from late 2007 in late 2014, but now it is back under its pre-crisis peak. This seems to say that the US has a problem. A fall in the index used to be a sure indicator for an upcoming recession. Let’s see if this time it’s different.


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