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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

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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.)