The industrial production in the United States rose 1.4% in March. The data was lower than the market consensus, which was for a rise of 2.8%. In turn, the February data was revised from -2.2% to -2.6%. In the first quarter, production advanced at an annual rate of 2.5%.
The usability it was located at 74.4%, a rise compared to the 73.4% in February and less than the 75.7% expected.
Previously, there had been a strong rise in retail sales for March and a drop to a year-low in unemployment benefit requests, in addition to a rise in the manufacturing activity indicator of the Philadelphia Fed and in the Manufacturing Empire. The dollar was not greatly affected by the data. The DXY remains around 91.60 / 70, in the zone where it closed on Wednesday.
.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.