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Industrial Production MoM

Name: Industrial Production MoM
Creator: TipRanks

The 'Industrial Production MoM' in the USA measures the monthly change in the output of the nation's factories, mines, and utilities. It is a key indicator of industrial sector health and overall economic activity, influencing monetary policy and investment decisions. A positive reading suggests economic expansion, while a negative one may indicate contraction, impacting stock markets and investor sentiment. This data is crucial for assessing the manufacturing sector's contribution to GDP and understanding economic trends.