Industrial Production in Manufacturing Update – 18 Month Outlook
January 12, 2024The Watch is a report that includes a set of predictive models covering more than 70% of US GDP. The capstone model is one that covers broad-based manufacturing overall, including both durable and nondurable manufacturing. Thus far, this model has performed well, coming in with 98.1% accuracy 3 months in advance and 98.6% accurate 6 months out. …
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