[TSP_Strategy] US Industrial Production

 

U.S. Industrial Production

Chart of the Week for December 18, 2015 - December 24, 2015

The chart above shows the seasonally-adjusted monthly percentage change in U.S. Industrial Production for the last year. Industrial production is a measure of output in the industrial part of the U.S. economy, and on a monthly basis the U.S. Federal Reserve calculates an index of industrial production after collecting data on 312 industry components representing manufacturing, mining, and the electric and gas industries. 

U.S. Industrial Production has declined in nine of the last twelve months. The only positive growth months have been in July and August of 2015. The most recent report showed a decrease of -0.56% in November 2015, which was the largest monthly decrease since October 2012 and was lead by warmer weather causing a drop in utility production. One factor hurting production over the last year has been the stronger U.S. dollar that has hurt foreign demand for U.S. products.

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