October 2019 Industrial Production
Submitted by Atlas Indicators Investment Advisors on November 25th, 2019Industrial production suffered a second consecutive setback in October 2019 according to the Federal Reserve. After declining 0.3 percent (upwardly revised from minus 0.4 percent), the measure of America’s physical output dropped 0.8 percent. Likewise, the year-over-year trend was negative for a second month in a row, declining 1.1 percent.