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US Industrial Production Worst Since 2009 Recession

Posted by Joseph Trevisani on Apr 15, 2015 9:48:00 AM

Industrial production dropped 0.64 percent in March, more than twice the -0.3 percent forecast and the worst reading since May 2009, before the end of the recssion.  

Capacity utilization, the measure of the amount of the U.S. industrial plant  at work, slipped to 78.4 percent also missing its estimate of 78.6 percent.  

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Charts: Bloomberg

ip april 15

cvap u april 15

 

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