and here's the month on month (log changes in IPI over the previous month):
Unfortunately, DOS have changed the base of the index to 2005 starting this month, which precludes any deeper analysis until I get my hands on the complete time series and splice it into the old one. It's clear however that the carnage is largely in manufacturing.
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This is good work, bro. It really is much easier to look at a visual representation of the IPI and other economic indicia via charts. i'm looking forward to your adjusted charts.
ReplyDeleteThanks. This is the way I usually do presentations - lots and lots of charts, less talking. I generally only talk about implications, not the numbers themselves. "Always add value"
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