Economy – Page 6

COTD: Covid-19 Risk To Manufacturing

February 15, 2020 by Jonathan Custer

COTD – Chart of the Day The holiday is over, but few people are back in offices and factories…the effects of covid-19 will be like those of SARS in 2003: a sharp shock to Chinese growth, followed by a strong rebound. But SARS may not be a reliable guide. China’s economy accounts for 16% of GDP …

U.S. Industrial Production Fall -0.3% In December, Electronics Up

February 14, 2020 by Jonathan Custer

The Federal Reserve Board reported Industrial Production this morning, Industrial production declined 0.3 percent in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft. The index for manufacturing edged down 0.1 percent in January; excluding the production of aircraft and parts, factory …

Industrial Production In Euro Area Falls 2.1% Sequentially In December

February 12, 2020 by Jonathan Custer

Seasonally adjusted industrial production for December fell by 2.1% in the euro area (EA19) and by 2.0% in the EU27, according to estimates from Eurostat. Captial goods took the brunt of the hit. In November 2019, industrial production was flat in both the euro area and in the EU27 In December 2019 compared with December …