Friday, March 16, 2018 2:05 PM EDT
Industrial production jumped 1.1% in February led by manufacturing.
The Fed's Industrial Production and Capacity Utilization report shows a 1.1 percent gain, well over the Econoday consensus of 0.4 percent.
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Another One-Month Wonder?
Surges have typically been one-month wonders. Is this another one?
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Disclaimer: The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
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