Mar 16

US Industrial Production Collapses Most Since 1952 Outside Of Recession:

The current decline in US manufacturing would be the first time since 1952 that Industrial Production has declined for four straight months without the US economy not being in recession. A worse-then-expected 0.5% MoM plunge – near the worst since 2009, led to a 1.0% drop YoY, the 4th monthly decline, led by a 9.9% YoY crash in miningthe worst drop since 1983.

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