TeleTrade - Analytics

    TeleTrade

    731.00 6.50/10
    57% of positive reviews
    Real

    16.03.2016 13:37 U.S. industrial production slides 0.5% in February

    The Federal Reserve released its industrial production report on Wednesday. The U.S. industrial production slid 0.5% in February, missing expectations for a 0.3% decrease, after a 0.8% rise in January. January's figure was revised down from a 0.9% increase.

     

    The decline was mainly driven by a drop in utilities. Mining output fell 1.4% in February, while utilities production plunged 4.0%.

     

    Manufacturing output rose 0.2% in February, after a 0.5% gain in January.

     

    Capacity utilisation rate decreased to 76.7% in February from 77.1% in January, missing expectations for a decline to 76.9%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree