Posts Tagged ‘industrial production’

Industrial Production Tumbles Again

Industrial production fell 1.4% in February after declining 1.9% in January. Capacity utilization was down to 70.9, an historical low. It was at 71.9 in January. The numbers aren’t good but again we see in this series as in othersĀ a decline in the second derivative or rate of change. Additionally, utility output declined in February […]

Prices Stayed Flat In December-Deflation For January?

As if you needed any further evidence that deflation is not that far away, the CPI for December provided it. Consumer prices fell by 0.7% and the core rate was basically flat. The numbers are seasonally adjusted. Another number that was released was industrial production. It was down 2% for December versus November. That was […]