Industrial Production Contracts For 13th Straight Month – Longest Non-Recessionary Streak In US History
by Tyler Durden
ZeroHedge.com
Oct 17, 2016
For the 13th straight month US Industrial Production contracted year-over-year. The 1.00% annual drop extends the weakness to the longest non-recessionary streak in US history. Aerospace and Home Electronics saw the biggest drops in production with motor vehicles managing a modest increase as manufacturing beat expectations MoM.
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