US Industrial Production dipped in March from record highs...

The headline industrial production fell 0.3% MoM (slightly worse than the 0.2% decline expected (after February's jump was revised higher to +0.8% MoM)...

But, US Manufacturing rose 0.3% MoM - its 5th straight monthly rise...

Output at utilities declined on warmer weather, while mining and energy extraction rose.

Capacity Utilization also dropped after three straight months of improvement...

Is Trump's dream of re-shoring of manufacturing about to take us to the moon?

...but manufacturing rose for the 5th straight month.
{ai:summary}US industrial production fell 0.3% in March, slightly exceeding expectations, following a revised 0.8% increase in February. Manufacturing, however, rose 0.3% for the fifth consecutive month, while utility output decreased due to warmer weather. Capacity utilization also declined after three months of growth, raising questions about the sustainability of the manufacturing rebound. #economy

US Industrial Production Dipped From Record High In March

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