![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiuMGP0K_eT2OE-Uy49rzhuRHtQzgkjjZPzKF5opDPeg7XmfReThpyYaCXJxRfAPiYFWCU1dFIyZsSif2Gh0ZVD-nvQdS1YIVp2JEqlDuEVZJnecJIwl5ypscPSadhXyI3YWx94riK_Rks/s320/Industrial+Production+Growth+-+Long-Term.jpg)
Click to enlarge.
As seen in the red trend line, the growth rate is exponentially decaying over the long-term.
The next chart shows where we are relative to the exponential decay trend line.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-i6886EdqrOR_D3Z9og5hJ7n0YW9U2hDjUrWTmjDqbFDVLl2RswuoMPLQK7s5Vpl329s01P-cZ0O50mgAekkdMonRR-cTgz6VEWuqdCCLCwYrY5tuv0voVl3LVcJP6M1h2UR9YFbprYc/s320/Relative+to+Long-Term+Trend.jpg)
Click to enlarge.
We're well above trend and it is not the first time.
Source Data:
St. Louis Fed: Industrial Production Index
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Posted by: Tukiyooo
Long-Term Industrial Production Growth Updated at :
8:50 AM
Friday, February 14, 2014
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