US Industrial Production Growth Slumps To Weakest Since January 2010

Tuesday, November 17, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/17/2015

Following September’s 0.2% MoM drop, October’s Industrial Production dropped a further 0.2% (missing expectations of a 0.1% rise by a mile). This is the 9th MoM drop in the 10 months of this year. Utilities (-2.5%) and Mining (-1.5%) were big drivers, as year-over-year, IP rose just 0.34% – the weakest growth since January 2010 – is flashing recessionary signals loud and clear.

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