Down Goes Industrial Production

Written by Gary North on December 19, 2011

The Federal Reserve has published the figures. They were headed lower in November. They had been rising in October. Industrial production decreased 0.2 percent in November after having advanced 0.7 percent in October. Factory output moved down 0.4 percent in November; excluding a drop of 3.4 percent in the output of motor vehicles and parts, […]

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