Thursday, April 15, 2010

Industrial Production Growth Highest Since 2005

Industrial production increased in March by 4.0% compared to last year, the largest annual gain since June 2005, almost five years ago, according to today's Federal Reserve report (see chart above). This was the third month in a row of positive output growth, and is consistent with post-recession economic recoveries following the last ten recessions (see graph below).

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