Ongoing and Intensifying Economic Downturn Continues,
Despite Some April Fluff, Unusual Seasonals and One-Time Factors


Domestic Freight Index Continued to Show Crashing Activity


Two Consecutive, Annual Declines in Quarterly Industrial Production
Never Have Been Seen Outside of Formal Recessions, and First-Quarter 2016
Is on Track for a Third Straight Contraction


April 2016 Annual Inflation Increased Across the Board:
CPI-U at 1.1%, CPI-W at 0.8%, ShadowStats at 8.8%


Real Retail Sales Continued an Intense Recession Signal


Non-Recovered Housing Starts Remained in Smoothed,
Low-Level Stagnation


Downside Revisions to Durable Goods Orders and Shipments
Promise Downside GDP Benchmarking

 

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