US EditionIndustrial output jumps 0.7% in February, fueled by rebound in vehicle production
- U.S. Manufacturing production rose 0.9% in February, exceeding expectations and supported by a rebound in motor vehicle output.
- Vehicle and parts output surged 8.5%, contributing to overall recovery in the sector, which accounts for 10.3% of the economy.
- Despite positive growth, tariffs from President Donald Trump's campaign are raising concerns about the future stability of the manufacturing sector.
- The NFIB Small Business Confidence Index declined for the third month, indicating rising economic anxiety among respondents.
17 Articles
17 Articles
LARRY KUDLOW: Did the so-called recession just end?
"Recession Canceled: U.S. Industrial Production Jumps To Record High." That was this morning's headline in the Zero Hedge website. Too often overlooked, industrial production is a crucially important supply-side indicator of the health of the economy. The February index moved to 104.2, just barely topping the prior record registered during Donald Trump's first term in late 2018. When you look under the hood of the production index, it's even bet…
Manufacturing Surges in February, Tripling Growth Forecasts
Manufacturing output at U.S. factories surged in February, far exceeding expectations and reinforcing optimism about President Donald Trump’s promised manufacturing revival. Factory output climbed 0.9 percent last month, triple the 0.3 percent growth forecast by economists polled by Reuters, following a 0.1 percent gain in January, the Federal Reserve reported on March 18. On an annual basis, manufacturing output rose 0.7 percent, a sign that th…
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