August industrial production declines; overall decelerating trend consistent with recession in 2023
August industrial production declines; overall decelerating trend consistent with recession in 2023 – by New Deal democrat Finishing today’s data dump, industrial production, the King of Coincident Indicators, declined -0.2% in August, while manufacturing production increased 0.1%. July’s sharp gains in both were revised slightly (-0.1%) downward: While July remains the high water mark for overall […]