U.S. Industry Pulls Through a Frosty Month

factory


Eight is not enough! That's the feeling right now among economy watchers as a new Federal Reserve report indicates that in February United States industrial production was up for an eighth consecutive month.


This despite the fact that a brutal month of winter storms dampened development in what had been a freshly robust manufacturing sector. In total the gains were modest--a 0.1% increase in production, led by mining's 2% uptick. And the improvements are more impressive when compared to...

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Published on March 16, 2010 15:04
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