
The following is an analysis from Daniel J. Meckstroth, Ph.D., Chief Economist for the Manufacturers Alliance/MAPI, regarding the industrial production report for July 2009:
“The 0.5 percent increase in industrial production and 1.0 percent gain in manufacturing production, reported by the Federal Reserve, is a welcome relief from the last 18 months of bad news coming from the nation’s factories,” Meckstroth said. “A 20 percent increase in…
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Posted on August 18, 2009 at 12:20pm
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