Heterodox
An in-depth look at production and sales: evidence of peaking in both – by New Deal democrat Yesterday I took an in-depth look at employment. Today let’s take a look at two other important coincident indicators that are looked at by the NBER for guidance as to whether or not the economy is expanding or in recession: production and sales. As I’ve mentioned several times in the past month, as of the latest readings it looks like industrial...
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