United States: industrial production higher than expectations

(Boursier.com) — American industrial production for the month of February 2024 showed a slight increase of 0.1% compared to the previous month, against a consensus close to stability and after a decline revised to 0.5% for the month of January. Manufacturing production increased by 0.9% from one month to the next, against a consensus here which is still practically stable, and after a revised decline to 1.1% for the month of January. The production capacity utilization rate stood at 78.3% compared to a consensus of 78.4%.