Article Image
News Link • Economy - Economics USA

What Recovery? Petroleum Deliveries Lowest Since September 2008; Weakest July Demand Since 1995

• http://www.zerohedge.com, Tyler Durden
 While the Achilles heel to the endless "economic data" BS coming out of China may be its electric production and demand, both of which show a vastly different picture than what the Beijing politburo's very wide brush strokes paint, the US itself is not immune from indicators that confirm that anything the BEA dishes out should be taken with a grain of salt. One data set that we showed recently that paints a drastically different (read slowing) picture of the US economy which we noted recently is railcar loading of waste and scrap for the simple reason that "The more we demand, the more waste is generated by that production." Of course, the propaganda manipulation machinery only focuses on the "entrance" of production, and completely ignore the "exit." But an even far more important metric of the general health of the US economy may be none other than broad energy demand, in the form of petroleum deliveries and gasoline demand.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Free Talk Live