Spencer England | February 18, 2009 4:29 pm
By Spencer.
The drop in industrial production is approaching the worse in the post WW II era.

The index with 100= peak
current ….90.1
1957-58…86.6
1974-75…87.0
1981-82…90.6
So only the 1958 and 1974 industrial production declines are more severe than the current downturn.