Industrial Production Fell 0.6% Last Month

From CNBC:

Industrial output decreased 0.6 percent last month after a downwardly revised 0.6 percent drop in February, the Federal Reserve said on Friday. Industrial production has declined in six of the last seven months.

Economists polled by Reuters had forecast industrial production slipping 0.1 percent last month after a previously reported 0.5 percent drop in February.

Industrial production peaked in November 2014. The March report was 3.1% below the peak.

Posted by on April 15th, 2016 at 10:03 am


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