Industrial production down slightly in January
The Federal Reserve's monthly report shows industrial production last month was down slightly from December but up 5 percent from a year ago.
Today, the Federal Reserve released their monthly read of industrial production showing a slight decline with total industrial production dropping 0.06% from December and remaining 5.15% above the level seen in January 2010.
This report appears to indicate there December brought another notable improvement bucking the recent weakening trend and likely indicating that the expansion will continue.
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