To: edsheppa
The industrial output data is false. It accounts for products manufactured by American companies but foreign produced.
47 posted on
07/04/2003 9:52:02 AM PDT by
PatrioticAmerican
("Illegal immigratns" are invading in the name of Mexico, therefore, let's call them "immivaders".)
To: PatrioticAmerican
The industrial output data is false. It accounts for products manufactured by American companies but foreign produced.I was pretty sure you were full of shit when you posted this comment but I couldn't find the relevant documentation on the Fed site. So I emailed the author of the article and also asked via the Fed website whether their industrial production figures included non-US output of US firms. I received replies from both and the answer is that the figures are for US production only thereby confirming you are full of shit.
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