Industrial Production Disappoints In November - Remains Below 2014 Peak

"Recovery" is a funny word that seems to mean very different things to different people...

Industrial Production rose just 0.2% in November (below the 0.3% rise expected) but October was revised higher from 0.9% to 1.2% amid storm reconstruction.

(Click on image to enlarge)

And so while The Dow Jones Industrial Average has 'recovered' its way to new record highs way beyond Dec 2014 levels, actual Industrial Production continues to lag...

(Click on image to enlarge)

Disclosure: Copyright ©2009-2017 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.