Global Economic News and Analysis
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 year-over-year was up a 3.2% year-over-year than the headlines. The year-over-year rate of growth is …
Continue reading “March 2013 Industrial Production Improves Only Because of Utilities”
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 year-over-year was up a better 2.7% year-over-year than the headlines. The year-over-year rate of growth …
Continue reading “February 2013 Industrial Production Growth Strong”
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 2.4% year-over-year. The year-over-year rate of growth now appears flat (rate of growth in a …
Continue reading “January 2013 Industrial Production A Little Soft”
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, for the fourth quarter as a whole, total industrial production moved up at an annual …
Continue reading “December 2012 Industrial Production Improves At Slower Rate”
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, the gain this month was due to the recovery of the loss of production in …
Continue reading “November 2012 Industrial Production Improves but Remains Lower than 2012 High”