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HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%

 
waht
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09/14/2012 09:19 AM
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HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
Industrial production contracted at a greater than anticipated rate in August as Hurricane Isaac shut down mining and utility companies across the Gulf of Mexico, new data from the Federal Reserve shows.

Click here for updates >

Headline industrial production fell 1.2 percent in August, reversing the revised 0.5 percent gain in July.

Read more: [link to www.businessinsider.com]
waht (OP)

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09/14/2012 09:31 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
Anonymous Coward
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09/14/2012 09:51 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
Thanks for the 'cartoons' update! 5a
Anonymous Coward
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India
09/14/2012 10:00 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
 Quoting: waht


there is so much industrial production...all world need to stop producing some products for few months a year....
boilerbengal

User ID: 23403803
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09/14/2012 10:22 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
 Quoting: waht


thanks OP. this gem could get lost out in the forum today.

bump
A Clear Choice Is Upon US.
Communists VS. Capitalists
Therion156
User ID: 1461665
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09/14/2012 10:59 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
Yea sure, the U.N. reports theres 7 billion people on the planet, what bullchit.... if theres 7 bb people on the planet, industrial production would NEVER slow down.... so who's lying? The U.N. or the economic data.... I know where my bets placed!
Anonymous Coward
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Australia
09/14/2012 11:06 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
us dollar in collapse mode this is it
Anonymous Coward
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09/14/2012 11:53 AM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
WHERE?

Why post a stat if you don't say WHERE IT HAS OCCURRED?
PravdaDemocrat

User ID: 19228212
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09/14/2012 12:49 PM

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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
Industrial production contracted at a greater than anticipated rate in August as Hurricane Isaac shut down mining and utility companies across the Gulf of Mexico, new data from the Federal Reserve shows.

Click here for updates >

Headline industrial production fell 1.2 percent in August, reversing the revised 0.5 percent gain in July.

Read more: [link to www.businessinsider.com]
 Quoting: waht


UNEXPECTEDLY UNEXPECTED!!

Who the hell is still dumb enough/dishonest enough not to expect this under the Obama Idiocracy??
PravdaDemocrat

User ID: 19228212
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09/14/2012 12:54 PM

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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
 Quoting: waht


This is why Helicopter Ben went on a mad Dollar printing binge, yesterday.

The Economy is collapsing.
WHAT PART OF "HOPEY-CHANGEY!" was the economic collapse?
Anonymous Coward
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09/14/2012 02:40 PM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
bump
Anonymous Coward
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Norway
09/14/2012 02:51 PM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
 Quoting: waht


thanks OP. this gem could get lost out in the forum today.

bump
 Quoting: boilerbengal


+1.

A near 1% fall is pretty ALARMing.
Without creation of goods there will be very little saving while the industrial base is being destroyed.

Near same situation across europe and china, there's no one with spare cash to buy nonessional goods.

Spelling is a bit fracked up toady, soz.
Anonymous Coward
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09/14/2012 03:38 PM
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Re: HUGE MISS: INDUSTRIAL PRODUCTION FALLS 1.2%
The 1.2% dive in industrial production is the biggest decline since the depths of the financial crisis, though 0.3% of the fall is being attributed to Hurricane Isaac. S&P futures add a bit to gains, now +0.3% - maybe in hope the Fed will double QE to $80B/month?
 Quoting: waht


1.2% dive because of Louisiana? norespect

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