That and other factors may help explain why there is a seeming disconnect between commodity prices and many industrial production statistics, on the one hand, and the numbers for the growth of the economy as a whole on the other.
Comparative wine production statistics for China are a bit problematic because much of the wine produced is not pure grape wine but may be mixed-fruit wine, and the rules on what can be labeled Chinese wine are quite, er, flexible.
The production report from the Office for National Statistics (ONS) showed that industrial production was down 2.4% in November compared with the same month a year earlier.
Although demand-side figures (measuring consumption) show flat spending, supply-side statistics (measuring production) point to healthy growth.
You will note that there are no statistics for world production of hafnium.
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The statistics bureau reported that electricity production for the two-month period increased 7.1% over the same period last year.
She called for a tightening of microchipping and the registering with passports of horses destined for slaughter for food production in the UK. She repeated statistics showing that 6% of horses killed in Britain later tested positive for the drug bute, which is not cleared for human consumption.
Although they are less precise than statistics on bad debts and falling production, such stories paint a grim picture.
Capital malinvestment and the misallocation of factors of production no longer can be covered over as the official statistics catch up with reality.
This is despite figures from the national statistics institute, Insee, showing that industrial production rose by a higher-than-expected 0.2% in July compared with the previous month.
You can find strong statistics, and useless investment signals from butter production in Bangladesh, the US population of 9 year old kids, and now, in a dramatic breakthrough, relating average penis size to GDP growth, a key measure of stock market returns around the world.
So, according to the statistics, what should advisors do to maximize their future production?
It looks at what happens to the figures from production (not tax) when you strip the sector out of the UK statistics.
The statistics bureau then said CISA did not survey smaller mills, which increased production by about 25%, but that contention flies in the face of what is known about the small producers.
For example, production of an iPhone is spread across several countries yet in U.S. trade statistics it counts as an import only from China.
The app mashes up Census data with economic statistics from the Bureau of Economic Analysis and Bureau of Labor Statistics and provides the latest economic indicators that drive business hiring, sales, and production decisions throughout the nation in real time.
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The Office for National Statistics, which produces the figures, did not have access to the industrial output, which includes energy production and mining, when it made its initial second-quarter GDP estimate.
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