Industrial Production

February 14, 2020 Industrial production fell 0.3% in January after having declined 0.4% December.   During the past year industrial production has fallen 0.8%, but one year ago it was climbing at a 3.6% pace. Breaking industrial production down into its three major...

Durable Goods Orders

January 28, 2020 Durable goods orders rebounded by 2.4% in December after having declined 3.1% in November.   As always this is a very volatile series.  Over the course of the past year durable goods orders have fallen 3.7%. Clearly, trade is taking a toll on the...