Main Article: Industrial Production - InvestmentWiki
Industrial Production is one of the economic indicators used by the NBER for their recession assessment.
Here we will discuss the developments of this indicator and the implications.
Main Article: Industrial Production - InvestmentWiki
Industrial Production is one of the economic indicators used by the NBER for their recession assessment.
Here we will discuss the developments of this indicator and the implications.
Industrial production declined by -0.1 during January, below expectations of a 0.3% increase.
Manufacturing had a -0.5% m/m vs flat growth expected.
Industrial production has also been showing weakness since last year, currently down -1.9% on a 6m annu basis, and only 0.03% Y/Y.