U.S. | Struggling Manufacturing Sector Weighs on U.S. Industrial Production in 1Q15
Published on Monday, March 16, 2015 | Updated on Tuesday, March 17, 2015
U.S. | Struggling Manufacturing Sector Weighs on U.S. Industrial Production in 1Q15
Summary
Total industrial production up 0.1% in February, with utilities output jumping 7.3%. Manufacturing and mining output declined due to depressed oil prices and winter weather. Dip in capacity utilization highlights current lack of inflationary pressure in the economy
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Authors
Amanda Augustine