U.S. Industrial Production Rises Slightly More Than Expected In February

U.S. industrial production rose in February, coming in slightly above expectations, according to a Federal Reserve report released Monday. The modest upside versus forecasts signals a small positive for manufacturing activity but is unlikely to materially change near-term market or Fed policy expectations.

Analysis

U.S. industrial production rose in February, coming in slightly above expectations, according to a Federal Reserve report released Monday. The modest upside versus forecasts signals a small positive for manufacturing activity but is unlikely to materially change near-term market or Fed policy expectations.