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To: oincobx
Industial production is down from year ago levels.

Down by less than 1%.

From your chart:

That comes to a 0.67% drop.

From two years ago, it's a 1.6% increase.

Since President Trump was elected, it's up by 4.5%.

-PJ

122 posted on 01/02/2020 3:08:12 AM PST by Political Junkie Too (Freedom of the press is the People's right to publish, not CNN's right to the 1st question.)
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To: Political Junkie Too

>>>From your chart:
Nov 2016: 101.5178
Nov 2017: 104.4259
Nov 2018: 106.8101
Nov 2019: 106.0932
That comes to a 0.67% drop.
From two years ago, it’s a 1.6% increase.

As you note, 2018 saw strong growth. But the tariffs really only started hitting in the second half of 2018 and escalated in 2019, which saw the decline.


125 posted on 01/02/2020 4:07:30 AM PST by oincobx
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