Tag Archives: consumers

April 2013 Industrial Production Soft – But Still In a Growth Trend

Written by Steven Hansen The headlines say Industrial Production (IP) declined 0.5% in April 2013 and up 1.9% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was also showed a decline of 0.5% month-over-month but the year-over-year was … Continue reading

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March 2013 Industrial Production Improves Only Because of Utilities

Written by Steven Hansen The headlines say Industrial Production (IP) improved 0.4% in March 2013 and up 3.5% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was also showed improvement at an improvement of 0.8% month-over-month but the … Continue reading

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February 2013 Industrial Production Growth Strong

Written by Steven Hansen The headlines say Industrial Production (IP) improved strongly 0.7% in February 2013 and up 2.5% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was less good at an improvement of 0.2% month-over-month but the … Continue reading

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January 2013 Industrial Production A Little Soft

Written by Steven Hansen The headlines say Industrial Production (IP) declined marginally 0.1% in January 2013 and up 2.1% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was slightly better at an improvement of 0.0% month-over-month and up … Continue reading

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December 2012 Industrial Production Improves At Slower Rate

Written by Steven Hansen The headlines say Industrial Production (IP) increased 0.3% in December 2012 and up 2.2% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was down 1.0% month-over-month and up 1.7% year-over-year. Per the Federal Reserve, … Continue reading

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November 2012 Industrial Production Improves but Remains Lower than 2012 High

Written by Steven Hansen The headlines say Industrial Production (IP) increased 1.1% in November 2012 and up 2.5% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was up 0.5% month-over-month and up 2.4% year-over-year. Per the Federal Reserve, … Continue reading

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Industrial Production Bad in October 2012 – Blame It on Hurricane Sandy

Written by Steven Hansen The headlines say Industrial Production (IP) decreased 0.4% in October 2012 and up 2.8% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was down 0.9% month-over-month and up 1.7% year-over-year.  Per the Federal Reserve: … Continue reading

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Industrial Production Expands in September 2012

Written by Steven Hansen The headlines say Industrial Production (IP) increased 0.4% in September 2012 and up 2.8% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP was up 0.2% month-over-month and up 3.1% year-over-year. The year-over-year growth of … Continue reading

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Industrial Production Soft in August 2012, Little Backward Data Revision

Written by Steven Hansen The headlines say Industrial Production (IP) decreased 1.2% in August 2012 but up 2.8% year-over-year.  Econintersect‘s analysis using the unadjusted data is that IP was down 1.0% month-over-month and up 3.1% year-over-year.  The Federal Reserve blamed … Continue reading

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CMI Weighted Composite Continues Plunge

by Rick Davis The year-over-year data in our Weighted Composite Index has continued a spectacular deterioration over the past month: Click on graph for larger image.

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Industrial Production Continues to Show Expansion In July 2012

Written by Steven Hansen The headlines say Industrial Production (IP) increased 0.6% in July 2012 and up 4.4% year-over-year. Econintersect analysis using the unadjusted data is that IP was down 0.6% month-over-month and up 4.1% year-over-year. The market was expecting … Continue reading

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2Q 2012 GDP: Economy Slowing

by Rick Davis In their first estimate of the second quarter 2012 GDP, the Bureau of Economic Analysis (BEA) found that the annualized rate of U.S. domestic economic growth was 1.54%, down nearly a half percent from the (revised) 1.97% … Continue reading

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Industrial Production Is Up in June 2012

Written by Steven Hansen The headlines say Industrial Production (IP) increased 0.4% in June 2012 and up 4.7% year-over-year. Econintersect analysis is IP was up 0.1% month-over-month and up 4.8% year-over-year. The market was expecting a month-over-month increase of 0.0% … Continue reading

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1Q 2012 GDP: Minor Changes in Third Estimate

by Rick Davis In their third estimate of the first quarter 2012 GDP, the Bureau of Economic Analysis (BEA) left the annualized rate of U.S. domestic economic growth unchanged at 1.88%, which is still more than a percent below the … Continue reading

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Consumer Contribution to GDP is Fading

by Rick Davis We have often commented about the disparity between shrinking per capita disposable income (which is contracting at an annualized -0.22% rate) and the BEA’s reported growth in consumer spending (reportedly growing at an annualized +1.91% rate). Assuming … Continue reading

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Industrial Production Rate of Growth Unchanged in May 2012

Written by Steven Hansen The headlines say Industrial Production (IP) was decreased 0.1% in May 2012 and up 4.7% year-over-year. Econintersect analysis is IP was unchanged month-over-month and up 5.0% year-over-year. The market was expecting a month-over-month increase of 0.1% … Continue reading

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April 2012 Industrial Production Comes in Strong

Written by Steven Hansen The headlines say Industrial Production (IP) was increased 1.1% in April 2012 and up 5.2% year-over-year. Econintersect analysis is up 1.7% month-over-month (reversing last month’s decline) and up 5.1% year-over-year. The market was expecting a month-over-month … Continue reading

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Industrial Production OK but a Little Soft in March 2012

Written by Steven Hansen The headlines say Industrial Production (IP) was unchanged again in March 2012 and up 4.0% year-over-year. Econintersect analysis is down 1.0% month-over-month (reversing last month’s gain) and up 3.6% year-over-year.  This was a data reset month … Continue reading

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Industrial Production Growth Stronger than Headlines in February 2012

Written by Steven Hansen The headlines say Industrial Production (IP) was unchanged in February 2012 and up 4.0% year-over-year. Econintersect analysis is up 0.9% month-over-month and up 4.0% year-over-year. The market was expecting a month-over-month increase of 0.2% to 0.5% … Continue reading

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“Consumer Confidence Rises to 4-Year High”

by Lee Adler, Wall Street Examiner The title of this article is the Bloomberg headline that blasted out in a font that really was really big. That’s just so wrong. So wrong. I mean, should we really be jumping up … Continue reading

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