“Tail end” of GM strike still in US production figures

17 January 2020

 

The Federal Reserve’s industrial production (IP) index measures real output from manufacturing, mining, electricity and gas company facilities located in the United States. These sectors are thought to be sensitive to consumer demand and so some leading indicators of GDP use industrial production figures as a component. The latest figures indicate a downtrend which began in late 2018 has continued. According to December’s figures released by the Federal Reserve, US...

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