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

Industrial production improves, with help from vehicle production: travelin’ man edition

Industrial production improves, with help from vehicle production: travelin’ man edition  – by New Deal democrat Industrial production increased 1.0% in July. Its manufacturing component increased 0.5%. Total production is still down -0.6% from its peak last autumn, while manufacturing is down -01.%: These are not recessionary numbers.  It’s worth emphasizing that the unspooling of […]