Industrial Production

August 15, 2019 Industrial production declined 0.2% in July after having risen 0.2% in both May and June.   During the past year industrial production has risen 0.5%, but one year ago it was climbing at a 3.9% pace. Breaking industrial production down into its three...

Durable Goods Orders

July 25, 2019 Durable goods orders rose 2.0% in June after having declined 2.3% in May.   As always this is a very volatile series.  Over the course of the past year durable goods orders have fallen 1.6%. Clearly, trade is taking a toll on the manufacturing sector. ...