Wednesday, April 08, 2009

The Industrial Recession

In this chart, "IP" stands for Industrial Production.

HT: Follow the Money

1 comment:

J. Strupp said...

The decline in global industrial output is truly startling. I happened to see a graph overlay of our current global output collapse vs. the crisis of 1929-30. At present, the rate of globaldecline is much faster during our current crisis than in 1929-30.

Absolutely remarkable stuff.