U.S. Industrial Production Down 0.5% In December

Industrial production fell 0.3% in December, the third decline in the past four months, the Federal Reserve reported Friday. The decline was expected and reflected in the December unemployment report released last week, where manufacturing shed 12,000 jobs. Industrial production was down at a 0.5% annual rate in Q4. Production was down in three of … More U.S. Industrial Production Down 0.5% In December