US Industrial Production MoM (Dec) M/M -0.4% vs. Exp. 0.1% (Prev. 0.2%)
Newsquawk Staff ·
US Industrial Production MoM (Dec) M/M -0.4% vs. Exp. 0.1% (Prev. 0.2%)
What it means
US Industrial Production for December came in at -0.4%, significantly missing expectations of a 0.1% gain and down from the previous month's 0.2% increase. This notable decline could signal cooling industrial activity, raising concerns about the broader economic momentum and possibly impacting the Fed's policy outlook.
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