industrial production


Total output of U.S. factories and mines; a key economic indicator released monthly by the Federal Reserve Board.

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The owner of the building held a meeting for all employees explaining that the industrial production needed to increase by 7% before the end of the month.

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Because heavy industry, manufacutring and construction are integral parts of the broader economy, both equity and bond investors pay careful attention to industrial production figures released by central banks and national statistics agencies.

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When the Federal Reserve Board reviewed the most recent quarter's information, they had some concerns about industrial production, as it was barely over recession levels.

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Journal of Commerce Index (JOC Index) macroeconomics