INDUSTRIAL PRODUCTION DROPS BY MOST IN 11 MONTHS (AFTER BIGGEST SURGE SINCE 2010) / ZERO HEDGE

Industrial Production Drops By Most In 11 Months (After Biggest Surge Since 2010)

by Tyler Durden

01/16/2015 09:21 -0500


Industrial Production dropped 0.1% in December (slightly worse than expected) after November's 1.3% surge - the biggest sicne may 2010. Not since Jan 2014's Polar Vortex has Industrial Production dropped more than this. The 5.5% surge in vehicle production - as suspected - was entirely unsustainable and dropped 0.9% in December and Utilities collapsed 7.3% on the month - the worst dropo since Jan 2006.

Industrial Production dropped most since Jan 2014...




led by Motor Vehicles...



and Utilities...



Charts: Bloomberg