Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

US Industrial Production Surges In July, Back To Pre-COVID-Lockdown Level

Courtesy of ZeroHedge View original post here.

After disappointing prints in June, US Industrial Production and Manufacturing Output was expected to rebound in July (despite plunging confidence and Delta doomsaying), and it did. Industrial Production rose 0.9% MoM (almost double expectations of +0.5% MoM). That is the 5th straight month of increases (and 13th of the last 15 months)…

Source: Bloomberg

Drilling down on Manufacturing output, July saw a big rebound (up 1.4% MoM vs +0.7% exp) after June's unexpected 0.1% decline. That is the biggest rise since March…

Source: Bloomberg

Finally, we note that Industrial Production has just got back to pre-COVID-lockdown levels (while of course The Industrial Average is well above)…

Source: Bloomberg

Perception is reality.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!