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Annual growth in US industrial production remains near the long-term average [ClearOnMoney]
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Annual growth in US industrial production remains near the long-term average

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Commentary

Annual growth in US industrial production remains near the long-term average

18 Apr 2012 by Jim Ficket.

Yesterday the Federal Reserve released industrial production data through March. Production has leveled off in the last couple months, which could be either a danger sign or noise. We will have to wait a few more months before we know whether production is really slowing or not.

The year-over-year growth rate remains very close to the long-term average, so there is nothing too alarming about the situation yet.