April Industrial Production Showed Solid Monthly Gains, Moving Off Bottom

That Said, 112 Months of Continuing Non-Expansion in U.S. Manufacturing Is the
Worst String of Non-Recovery in the 99-Year History of Industrial Production

It Tops the 96-Month Post-World War II Manufacturing Realignment, and the
88-Month Slump in the First Down-Leg of the Great Depression

Still No Recovery: Activity Held Below Pre-Recession Peaks, with
Production Down by 0.2% (-0.2%), Manufacturing Down by 5.6% (-5.6%) and
Housing Starts Down by 48.4% (-48.4%)

Annual Revisions to Housing Starts Pushed the Series into a Downtrend,
Reflecting a Near-Term Hit to Multiple-Unit Starts

2016 Durable Goods Orders Just Took a 2.8% (-2.8%) Benchmarking Hit