empire survey

Industrial Production - A Gain is a Gain

Last month's Industrial production and capacity utilization data was spun to some glorious V for victory recovery, at which point I noted a contraction is a contraction, which is what last months data was.

I've been looking over industrial production and capacity utilization for July 2009, trying to analyze a trend. July's industrial production index rose to 96.0.

Here is last months graph, not including this months number, zeroing in on this depression recession.