Tuesday, November 08, 2011
Not much industrial cheer
Posted by David Smith at 09:45 AM
Category: Thoughts and responses

Manufacturing output rose by 0.2% between August and September and was 2% higher than a year earlier. Overall industrial production was flat in September and down 0.7% on a year earlier. So not much happening and, in fact, the 0.4% rise in industrial production in the third quarter was marginally lower than the 0.5% assumed for the GDP figures, though probably not large enough to lead to a revision of the data. More here.