Tag Archives: industrial production

Japan: Exporting Deflation

by John Mauldin, Thoughts from the Frontline The evils of this deluge of paper money are not to be removed until our citizens are generally and radically instructed in their cause and consequences, and silence by their authority the interested … Continue reading

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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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May 2013 Empire State Survey Goes Negative – Under Expectations

Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in May 2013 shows manufacturing is contracting after expanding for the previous three months in a row. This noisy index has moved from 17.1 (May), 2.3 … Continue reading

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More Bad News On Dying US Manufacturing

More Bad News On Dying US Manufacturing- Excise Taxes Drop, But Markets Have Reason To Party On by Lee Adler, Wall Street Examiner [While US tax collections on everything went gangbusters in April, absolutely through the roof, there was one … Continue reading

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March Factory Order Rebound Doesn’t Change Dismal Trend

by Lee Adler, Wall Street Examiner New factory orders (actual, adjusted for inflation and not seasonally adjusted), which is a broader measure than durable goods orders because it includes non-durables, dropped 3.3% on a year to year basis in March. … Continue reading

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Solar Is About to Change Our World

by Michael Sankowski, MonetaryRealism.com I’ve been getting into Solar lately – the fall in prices has been absolutely shocking over the last 2-4 years. We are seeing price drops closer to 20% per year after several decades at 6% price … Continue reading

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Some New Estimates of Japanese Trade Elasticities

by Menzie Chinn, Econbrowser.com Appeared originally 11 April 2013 at Econbrowser.  Image below added by Econintersect. One component of Abenomics is a vigorously expansionary monetary policy. The yen has depreciated substantially as a consequence – as of February, about 20% … 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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April 2013 Empire State Survey Continues to Say Manufacturing Expanding

Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in April 2013 shows manufacturing has now expanded for three months in a row. This noisy index has moved from 6.6 (April 2012), 17.1 (May), 2.3 … Continue reading

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Factory Data Shows US Manufacturing Dead In The Water As Headlines Mislead

by Lee Adler, Wall Street Examiner The headlines today blared of a 3% increase in factory orders in February, completely obscuring the truth of just how bad the US manufacturing trend is. The real story lies in the fact that … Continue reading

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ISM New Factory Orders Collapse As Fed Creates Another Asset Bubble

by Lee Adler, Wall Street Examiner The March headline seasonally adjusted aggregate Manufacturing Purchasing Managers Index reading of 51.3 was substantially worse than the consensus expectation of 54, reversing the trend of the professional econoquacks underestimating the economy. Last week … Continue reading

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The Economy Is Improving – Really?

Written by Steven Hansen The Federal Reserve’s FOMC believes the economy’s rate of expansion is improving.  It is not that the economy MAY be expanding at a faster rate – but the evidence is mixed to negative at this point.  … 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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March 2013 Empire State Survey Continues to Say Manufacturing Expanding

Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in March 2013 shows manufacturing has now expanded for two months in a row. This noisy index has moved from 20.2 (March), 6.6 (April), 17.1 (May), … 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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Fickle February 2013 Empire State Survey Now Saying Manufacturing Expanding

Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in February 2013 shows manufacturing .is now expanding relatively strongly ending six months of contraction.  This is the highest expansion in well over a year. This … Continue reading

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Seaway Pipeline No Panacea for Cushing’s Oil Glut

by EconMatters EIA Report The weekly EIA report came out last week and one of the noteworthy data points was the Cushing, Oklahoma storage numbers. Already at a record, Cushing added another 1.8 million barrels to storage sending total Cushing … 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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January 2013 Empire State Survey Continues to Signal Contraction

Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in January 2013 shows manufacturing contraction continues to be forecast for a sixth month in a row. Expansion is indicated by positive numbers in this index. … Continue reading

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The New Era of Oil Renaissance

by EconMatters In a continuation of our series on the state of the oil industry we look at some of the other ramifications of what we are labeling the Oil Renaissance in the US, and around the world for that … Continue reading

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