The relationship between manufacturing production and goods output

The sharp divergence in the 2001 recession between two key economic indicators-manufacturing production and goods output-could suggest that one indicator is flawed, casting doubt on the reliability of its overall series. This analysis finds no evidence of error. Rather, the strength of spending on consumer-relative to capital-goods and the growth of merchandising services in the sale of consumer goods more likely explain the recent deviation.

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Year of publication:	2004
Authors:	Steindel, Charles
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 10.2004, Aug, 9
Publisher:	Federal Reserve Bank of New York
Subject:	Manufactures \| Gross domestic product \| Economic indicators

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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