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US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)

US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb) At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions. Source: Bloomberg However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...
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Oct 8, 2026 / Tyler Durden
Spain's Government Revives Rent Cap Decrees Ahead Of Snap Election
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May 21, 2026 / Tyler Durden
Exit Taxes Won't Save Failing States
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Sep 9, 2026 / Dave DeCamp
Death Toll in US-Backed Saudi Strike on Yemen Prison Rises to 23
The death toll in the September 7 Saudi strike on a prison in Yemen’s northern al-Jawf province has risen to 23 as rescue workers have pulled more bodies out of the rubble, The Associated Press reported on Wednesday. Initial reports said that at least seven people, including a child, were killed by the airstrike, but […]
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