The Big Lag: U.S. Industrial production - FINANCIAL-24 - FINANCIAL-24, we has prepared this article well for you to read and retrieve information in it. Okay, happy reading.

The Big Lag: U.S. Industrial production - FINANCIAL-24

U.S. Industrial production was flat in February, worse than the expectation for a 0.2 percent advance. The report also showed that capacity utilization was lower than in the previous month (mostly due to lower output from utilities). Industrial production, furthermore, grew a scant 0.3 percent relative to the previous year. The recent upward trend on the dollar will likely hamper further growth in US industrial production.

The S&P 500 has now reached 2,380. Relative to historic data such lofty valuation would tend to be matched by a higher level of industrial production, much higher: 25 to 35 percent higher than the current levels.  

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Title : The Big Lag: U.S. Industrial production - FINANCIAL-24
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