Advertisement
Advertisement
Index of Industrial Production
noun
- (in Britain) an index produced by the Central Statistical Office showing changes in the production of the primary British industries
Example Sentences
The latter helps partly explain why, despite Trump’s talk of a “blue collar boom,” U.S. manufacturing activity actually declined a bit over the year, according to the Federal Reserve’s index of industrial production.
In addition, the Index of Industrial Production has been flat since last September, and capacity utilization is down nearly 2% since November.
Without the Fed’s moves, the unemployment rate in December 2013 would have been 6.83 percent instead of 6.7 percent, the study estimated, and the index of industrial production would have been 101 instead of 101.8.
The Federal Reserve reported this week that the index of industrial production rose to 101.28 in November, a gain of 1.1 percent from October.
The index of industrial production in October fell a steeper-than-expected 1.8% from the same month a year earlier, data from the statistics ministry showed Thursday.
Advertisement
Advertisement
Advertisement
Advertisement
Browse