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Supply Chain Monitor: Industrial Production Dec 2024
Headline aggregates for Industrial Production rebounded in the December data, following months of steadier decline.
Headline aggregates for Industrial Production rebounded in the December data, following months of steadier decline.
The current stabilization, with growth rates returning to low positive figures, suggests continued normalization rather than the beginning of a new inflationary cycle.
Today’s data update takes a closer look at the manufacturing data within the most recent Employment Situation release.
The November data continues to show broad-based normalization and slowing, with a few sectors in particular trouble.
The November 2024 Producer Price Index data continue to show normalizing input cost growth for the economy as a whole, as well as most individual sectors.