I just had to post this as an adjunct to
Stalin’s Five-Year Plan Reincarnated

Industrial Production, Capacity Utilization Both Miss: Good Weather Blamed
Submitted by Tyler Durden on 05/15/2013

'And the hits just keep on coming.

Following today's misses in PPI and Empire Fed, it was up to the Fed's April report of Industrial Production and Capacity Utilization to provide at least some validity to Tepper's latest CNBC preachings. Alas, that did not come and moments ago we got the latest disappointments as IP dropped -0.5% on expectations of a -0.2% drop, driven by a drop in Manufacturing Production which dropped 0.4%, despite expectations of a +0.1% increase. Utilities sliding -3.7% did not help the headline print but at least it allowed the Fed to, you got it, blame the weather, only this time there is a twist: the Fed actually blamed the weather for not being as bad as it was in March for the slack in Utility production. One really can't make this up
. . . "

http://www.zerohedge.com/news/2013-05-15...-weather-blamed

Thank you for posting.

And, did you see this link in the comments:

"ABQ dropped from Improving Markets Index
By Richard Metcalf / Journal Staff Writer on Tue, May 14, 2013

Copyright © 2013 Albuquerque Journal

The Albuquerque metro area was dropped from the May list of metros in the Improving Markets Index put out by the National Association of Home Builders/First American, pointing to just how tenuous the housing recovery is here...."

http://www.abqjournal.com/main/2013/05/1...kets-index.html