January 2014 Industrial Production Has Bad Internals

Written by Steven Hansen The headlines say seasonally adjusted Industrial Production (IP) declined in January. Econintersect‘s analysis using the unadjusted data concurs – but adds that the internals are far from good.

December 2013 Business Inventories and Sales Improve

Written by Steven Hansen Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) for December 2013 shows sales improved with inventory levels normal.