US Industrial Production Continues To Lag "V-Shaped" Recovery Hype Tyler Durden Tue, 11/17/2020 - 09:21 After September's disappointing slump, analysts expected US industrial production to rebound modestly in October and it did, rising 1.1% MoM (vs +1.0% exp). The headline industrial production figure in the US is still down 5.34% YoY... Source: Bloomberg On the manufacturing side, production grew as expected at +1.0% MoM, but Manufacturing production remains down 3.9% YoY... Source: Bloomberg And while the Industrial Average is at new record highs, US industrial output is certainly not... Source: Bloomberg