Industrial production in the United States increased by 0.1 percent in February on a monthly basis. This is according to figures from the Federal Reserve.
Economists expected on average an increase of 0.4 percent. In January, production in the American industry fell by 0.4 percent. This figure was revised from a previously reported fall of 0.6 percent.
The occupancy rate last month amounted to 78.2 percent compared to a revised 78.3 percent in January. Economists generally expected a capacity utilization of 78.5 percent in February.