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Is this Why US Industrial Companies Don’t Invest?

Tuesday, October 18, 2016 0:22
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(Before It's News) / by Wolf Richter •  

Production lower than 2 years ago, with ugly capacity utilization.

Total industrial production in the US fell 1.0% in September compared to September 2015, according to the Fed’s Board of Governors today. The index, at 104.2, is now 2.3% off its all-time peak in November 2014, and also 1.3% below where it had been two years ago (105.6). So two years in a row of year-over-year declines.

The first time the industrial production index had reached this level was in March 2007!

Of the major market groups:


The post Is this Why US Industrial Companies Don’t Invest? appeared first on Silver For The People.

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