US Industrial Production Dipped From Record High In March
US Industrial Production dipped in March from record highs…
Source: Bloomberg
The headline industrial production fell 0.3% MoM (slightly worse than the 0.2% decline expected (after February’s jump was revised higher to +0.8% MoM)…
Source: Bloomberg
But, US Manufacturing rose 0.3% MoM – its 5th straight monthly rise…
Source: Bloomberg
Output at utilities declined on warmer weather, while mining and energy extraction rose.
Capacity Utilization also dropped after three straight months of improvement…
Source: Bloomberg
Is Trump’s dream of re-shoring of manufacturing about to take us to the moon?
Tyler Durden
Wed, 04/16/2025 – 09:26
