Monday, September 13, 2010

World Industrial Production Hits All Time High Way Back in June

Amazing that while most people fretted about a double dip during the summer, World Industrial Production hit an all time high eclipsing the record high from back in 2008. Clearly people focusing on a double dip are stuck on the lackluster US Housing market and not the global economy.

Mark Perry provided this graph via the Netherlands Bureau for Economic Policy Analysis. Mark does a great job pointing out the facts surrounding global growth and this is yet another example of how economic data and graphs so much more useful then the talking heads on TV. Show me the facts not the spin!


No comments: