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Replying to Avatar Lyn Alden

United States' industrial production is one of the saddest macro charts out there.

Whenever red and blue people yell at each other politically in the past couple decades of rising political polarization, like half of it is explained by this. The pie isn't growing.

https://void.cat/d/Xj1FhMo11SuopDnWQGH1X7.webp

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SMC 2y ago

What the hell is 2017=100%?

As though it's a peak performance and therefore stagnation from 2017?

That discounts how much of a industrialized powerhouse the US was in the 50-60s... doesn't make much sense

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SMC 2y ago

I love how the blog post that accompany offers little insight

https://fredblog.stlouisfed.org/2019/02/100-years-of-industrial-production-data/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog

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