Trump-Train Stalls As US Manufacturing Output Tumbles In May
by Tyler Durden
ZeroHedge.com
Jun 15, 2017
After an exuberant spike in April, US Manufacturing output dropped 0.4% MoM in May (the biggest drop since Feb 2015), missing expectations of a 0.1% rise by three standard deviations.
Manufacturing Output has been swinging violently in the last 3 months…
Headline Industrial Production also disappointed (unch vs +0.2% exp), the weakest print since January
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