Thank the heavens for "seasonal adjustments" or the economy would be really screwed....
Industrial Production up 0.3% in the report.... Unadjusted actual number - down 1.7% for the month...
Retail Sales - up 0.7% MoM in the report, actual - crashed 5.4% MoM...
manufacturing output; Reported - up 0.35%. Actual - down 0.5%. Been down for 7 months in a row.
There's a meme about this somewhere...
Industrial Production up 0.3% in the report.... Unadjusted actual number - down 1.7% for the month...
Retail Sales - up 0.7% MoM in the report, actual - crashed 5.4% MoM...
manufacturing output; Reported - up 0.35%. Actual - down 0.5%. Been down for 7 months in a row.
There's a meme about this somewhere...
