
US Industrial Production Rises for Fourth Consecutive Month in February
Industrial production in the United States continued its expansion in February, rising for the fourth straight month by 0.2% MoM, slightly exceeding expectations and indicating modest growth in the sector.
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Industrial production activity increases a touch more than expected in February
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US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicl...
By Tyler Durden
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