Industrial production in February MoM remains unchanged from January. And YoY, industrial production rose a measly 0.31%,
The good news? This was the third straight month of positive industrial production growth YoY (although all under 1%) after 15 consecutive months of NEGATIVE YoY industrial production growth.
Capacity utilization remains under the benchmark 80% at 75.4%. It hasn’t been above 80% since March 2008.
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