USD Industrial Production

Actual
0.1%
Previous
-0.4%
Forecast
0.4%

The Industrial Production released by the Board of Governors of the Federal Reserve measures changes in the volume of output produced by the manufacturing, mining, and utility sectors. Though industrial production only accounts for a relatively small portion of GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Rising Industrial Production figures suggest growing production and economic expansion. Uncontrolled levels of production and consumption can track inflation.

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