Trump Effect? US Industrial Production Surges Most in 4 Years Since Election
14th February 2025
In the two months since President Trump won the US election, US industrial production has jumped by the most since Nov 2021 (up 1.5%) to its highest since Sept 2022 (boosted by utilities in a month marked by colder temperatures), up 0.5% MoM in January (better than the 0.3% increase expected). That, along with an upward revision for December, pushed US Industrial Production up 2.00% YoY (its strongest pace of growth since Oct 2022)…