U.S. | Mining and utilities weigh on industrial output in March
Published on Friday, April 15, 2016
U.S. | Mining and utilities weigh on industrial output in March
Summary
Industrial production decreased 0.6% MoM in March for the second consecutive month. All components declined, with mining down 2.9% and utilities falling 1.1%. The weaker U.S. dollar, solid labor market performance, and improving business sentiment indicate improved manufacturing production in 2Q16
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- Global
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- Macroeconomic Analysis
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Authors
Filip Blazheski
Kim Fraser