Relevant and even prescient commentary on news, politics and the economy.

October industrial production: consistent with a very slow expansion

October industrial production: consistent with a very slow expansion  – by New Deal democrat I call industrial production the King of Coincident Indicators, because more often than any other metric it coincides with the peaks and troughs of economic activity as determined by the NBER, the official arbiter of recessions. Unlike retail sales, the news […]