Relevant:
- What An Industrial Depression Looks Like: Photos From An Australian Heavy-Machinery Auction
- Industrial Production Drops; NY Manufacturing Index Hits Record Low
- Weak U.S. retail sales highlight risks to economic outlook
- U.K. Industrial Output Plunges Most in Almost Three Years
- For Caterpillar, This Is What The "Second Great Depression" Looks Like
2016-03-19 — zerohedge.com
``...according to the just released CAT retail sales data, the industrial recession since downgraded to a depression, just fell out of the bottom, when the heavy industrial equipment company reported that February world sales crashed by 21%, after falling "only" 15% in January, led by double digit drops in every single market...''
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