Industrial production, Operation Management

Industrial Production

The output of U.S. factories is mines, and utilities. This output constitutes the production of things like the goods, portion of goods, and the services. The Federal Reserve Board has measured industrial production since the 1920s years. Industrial production is a coincident indicator of economic activity: It traces the nature of the business cycle nearly exactly.

Posted Date: 10/17/2012 2:48:13 AM | Location : United States

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