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Industrial production shrank by 0.7% in June, the ninth straight month of decline.
America's industrial production fell by 1.1% in October, the 13th consecutive month of decline and the longest unbroken fall since 1932; output was 6.3% lower than a year ago.
As we expected, the housing sector is already in a double dip: Single-family starts fell by 4.2% m/m in July, the third consecutive month of decline, and both existing and new home sales touched their all-time lows.
Core consumer prices, which exclude fresh food, fell 0.4 percent in April from a year earlier, the sixth consecutive month of decline, though the clip was slower than the 0.5 percent decline in March.
Foreign direct investment in China fell 9.5% in March, from a year earlier, to $8.4 billion, marking the sixth consecutive month of decline, according to data from the Ministry of Commerce released Wednesday.
Energy prices dropped 0.8 percent, the third straight month of decline, and by the same margin as in November.
Similar(19)
But month after month of declining revenues strengthened the marketers' position.
September was the second consecutive month of declining sales for Toyota, which posted record sales a year ago.
Industrial production dropped 0.2percentt in May, the second month of declines, according to the Fed.
Furniture sales continue to slow, posting their third consecutive month of declines.
Analysts expect the report to show a loss of 75,000 jobs, signifying the seventh straight month of declines.
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