index of industrial production

Index of Industrial Production

An index of the total output from manufacturing, mining, and utility companies. The Federal Reserve Board compiles the industrial production index and publishes it monthly. It is seen as an indicator of macroeconomic trends. A high industrial production index indicates that economic growth and is seen as good for stockholders, especially in industrial sectors. A low industrial production index indicates that industry is falling, which is bad for stockholders, but good for bondholders, as the Fed may use the index as a reason to cut interest rates. Low industrial production also means that there are fewer inflationary pressures on the economy.

index of industrial production

See industrial production.

单词	index of industrial production
释义	Index of Industrial Production Index of Industrial Production n (Statistics) (in Britain) an index produced by the Central Statistical Office showing changes in the production of the primary British industries index of industrial production Index of Industrial Production An index of the total output from manufacturing, mining, and utility companies. The Federal Reserve Board compiles the industrial production index and publishes it monthly. It is seen as an indicator of macroeconomic trends. A high industrial production index indicates that economic growth and is seen as good for stockholders, especially in industrial sectors. A low industrial production index indicates that industry is falling, which is bad for stockholders, but good for bondholders, as the Fed may use the index as a reason to cut interest rates. Low industrial production also means that there are fewer inflationary pressures on the economy. index of industrial production See industrial production. See INIP See INIP
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