Industrial Production

May 15, 2020 Industrial production plunged 11.2% in April after having fallen 4.5 in March as the corona virus caused many factories to suspend operations.  That drop was the largest decline in industrial production in the 101-year history of the series. Breaking...

Durable Goods Orders

April 24, 2020 Durable goods orders plunged by 14.4% in March which makes it one of the biggest declines on record.  And since the economy weakened in the second half of that month, it is clear that another sizable drop is in store for April.  Clearly, the decline...