Factory output holds steady
Published 5:00 am Saturday, March 17, 2012
Industrial production was little changed in February, reflecting slower manufacturing and a decline in mining.
The output at factories, mines and utilities compared with a median projection for a 0.4 percent gain in a Bloomberg News survey of economists. January production was revised to a 0.4 percent increase, previously reported as no change, figures from the Federal Reserve showed Friday in Washington. Factory production, which makes up about 75 percent of total output, rose at the slowest pace in three months.
— Staff and wire reports