Market Update – Growth Scare
1225 p.m. ET Beyond a massive decline in Retail Sales… Import/Export prices showed that there was inflation, as opposed to disinflation, across the report. Total industrial production increased 0.5% month-over-month in January (consensus 0.3%) following an upwardly revised 1.0% increase (from 0.9%) in December. The capacity utilization rate jumped to 77.8% (consensus 77.7%) from a…