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US industrial production still suggests the economy could be stalling [ClearOnMoney]

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US industrial production still suggests the economy could be stalling

Commentary

US industrial production still suggests the economy could be stalling

15 Feb 2013 by Jim Fickett.

The Federal Reserve reported industrial production figures through January today. Year-over-year growth is at 2.4%, well below the long-term average of 3.3%. This is certainly not low enough to provide strong evidence for a pre-recession stall, but it is one more worrisome signal that the recovery remains quite fragile.

(See the Reference page US index of industrial production for background, sources, and previous commentary.)