Open Demo Account
Home / Market Update / U.S: Industrial Production in February contracts by 2.2%

U.S: Industrial Production in February contracts by 2.2%

Adel 16 March, 2021 5:47 pm Market Update

Industrial Production in the United States contracted by 2.2% on a monthly basis in February, the US Federal Reserve reported on Tuesday. This reading followed January’s expansion of 1.1% and missed the market expectation for an increase of 0.6% by a large margin.

Tags

Check Also

US Treasury Yields Climb As Countdown For Fed’s Policy Meeting Begins

As financial markets gear up for the central bank’s pivotal meeting next week, the US …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends