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View article: Industrial Production Unexpectedly Declines Again: Don’t Worry, It’s the Weather and Mining
Reflections on Economists and the Weather Posted by Michael Shedlock at 11:59 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).
See the original post: Economists Blame Mild Weather For Poor Retail Sales
Productivity Dives, Wages Rise; Inflation Theory vs. Practice; Technical Recession? Today’s BLS release on Productivity and Cos ts shows a back-to-back decline in productivity accompanied with rising wages
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already