March Industrial Production +0.5%

We got some good news on industrial production this morning. For March, IP rose by 0.5%. Industrial production bottomed out a year ago. Prior to that, it had been in an unpleasant downtrend.

Looking below the surface, however, shows that factory output was down in March. Utilities saw a jump of 8.6%.

Posted by on April 18th, 2017 at 10:33 am

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