Industrial production had another weak month. October came in at 0.0% and September was revised from +0.1% to -0.2%.The Fed blames the weather.Bloomberg Econoday says the headline number isn’t as bad as it looks.I suggest the numbers are far worse than they look at first glance, and the weather has nothing to do with it.Highlights … Continue reading Industrial Production Far Worse Than First Glance Look: No, It’s Not the Weather