Showing posts with label Industrial Production. Show all posts
Showing posts with label Industrial Production. Show all posts

Sunday, September 20, 2009

Industrial production to bounce back?

Econbrowser in a great post on the current economic conditions posts the following chart from angry bear. According to this chart it appears the more severe the downturn in IP the stronger the rebound.

Thursday, February 19, 2009

Worst Post WWII Slump in Industrial Production

Econbrowser compares recessions
Industrial production:


Manufacturing production (since 1973):


and refers to AngryBear with the same IP data in a different format:



The current cliff diving is impressive. 1973 had a similar drop.
Angry Bear's chart shows the average trough happening three months from now.
The current drop does not seem of the "average kind" though.