U . S . Industrial Production Unexpectedly Falls 0 . 5 % In March
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unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent compared to the 0.2 percent increase originally reported for the previous month. This article is part of our premium content offering.Subscribe with a RTTNews subscription.
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1 eventU . S . Industrial Production Unexpectedly Falls 0 . 5 % In March
The U.S. industrial production unexpectedly fell by 0.5% in March, according to a report released by the Federal Reserve. This decline, after a 0.7% increase in February, was lower than economists' expectations of a 0.1% increase.