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June Industrial Production: +0.4% vs. +0.3% expected, -0.1% prior. Capacity utilization 78.9%...

June Industrial Production: +0.4% vs. +0.3% expected, -0.1% prior. Capacity utilization 78.9% vs. 79.2% expected.
Comments (7)
  • Industrial Production Business Equipment up 12.8% year over year,,,
    Industrial Production Durable Consumer Goods up 12.8% year over year...these
    are definitely not recession numbers....
    17 Jul 2012, 09:19 AM Reply Like
  • Yes. No recession. Lets rally.
    17 Jul 2012, 09:21 AM Reply Like
  • Hmmm ..... hey but why we need QE?
    17 Jul 2012, 09:23 AM Reply Like
  • Because free money is much easier to make than having to work for it......
    17 Jul 2012, 09:24 AM Reply Like
  • Why is the world willing to loan France 10 year money at 2.10%....people are skeered
    17 Jul 2012, 09:26 AM Reply Like
  • When people are ready to lend to US at 1.50%, why not for France at 2.1% ?
    17 Jul 2012, 09:32 AM Reply Like
  • These numbers are wrong... There is no recession...Its the beginning of a very long downtrend and depression that will last 20 years. As soon as the credit expansion we have seen hits a highpoint, it will be all over. So far there is still enough credit flowing through the system to keep the economy from falling apart, but that will quickly wind down... Central banks are continuing to manipulate the USD. That will end too...and it will burst the US govt. debt bubble that imo, will end up being atleast 20 trillion by end of 2012.
    17 Jul 2012, 09:36 PM Reply Like
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