Pantheon Macroeconomics - Another month, another sluggish performance in the manufacturing sector. Even a third straight big jump in auto output was unable to rescue the May numbers, and aggregate output fell by 0.2%. The trend in output has been broadly flat over the past six months or so, and we see little prospect of any sustained near-term recovery.

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16 June. 2015 Manufacturing is Struggling, but it Won't Get the Fed off the Hook

By Ian Shepherdson

Another month, another sluggish performance in the manufacturing sector. Even a third straight big jump in auto output was unable to rescue the May numbers, and aggregate output fell by 0.2%. The trend in output has been broadly flat over the past six months or so, and we see little prospect of any sustained near-term recovery.

Posted: 16th Jun 2015 in 'U.S. Documents'

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