US Industrial Output Barely Rises After Weather-Related Slump
- Total output edged up 0.1% after retreating 0.5% in January
- Manufacturing production climbed 0.8% on business equipment
Despite rising in February, factory output was down 0.7% from the same month a year ago.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
US industrial production barely rose in February as milder weather damped utility demand but spurred a snapback in factory output.
The 0.1% advance in production at factories, mines and utilities followed a downwardly revised 0.5% drop a month earlier, Federal Reserve data showed Friday.