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Brazil Industrial Production: Good That People Still Eat, Drink

Wells Fargo Economics Group

7 January 2016

Crisis is broad based:  At its trough in January 2009, the industrial sector was down 17 percent on a year-over-year basis as the global recession was rippling across the world—the industrial sector is approaching this feat).

Crisis staying power:  Another big difference relative to late 2008 and 2009 is that the current crisis is showing staying power. That is, the global recession’s effect was fast and furious, i.e., a large drop and then an even stronger recovery.

Read the complete commentary here:  brazil-industrial-production-20160107

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