U.S. Industrial Production Was Little Changed in February


18/03/2012 05:40 AST

Industrial production in the U.S. was little changed in February, restrained by a slowdown in manufacturing and a decline in natural gas extraction.

The output last month at factories, mines and utilities compared with a median projection for a 0.4 percent gain in a Bloomberg News survey of economists. Production in January was revised to a 0.4 percent increase, initially reported as no change, data from the Federal Reserve showed today in Washington. Manufacturing (IPMGCHNG), which makes up about 75 percent of total output, rose at the slowest pace in three months.

For more on this Click Here

Bloomberg
Global News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 148 138,495
BATELCO 0.26 508,764
TAWUNIYA 98 56,500
WAHA 1.68 407,350
BKIZ 0.08 70,000
DAMAC 2.88 1,542,461
EMAAR 7.15 2,917,009
Recent News

MOST OMANI BANKS POST BETTER Q1 PERFORMANCE
Oman’s commercial banks performed well during the first quarter of 2017 despite the difficult economic challenges facing the global banking sector.

The net profits of the six commercial b

Oman plans to build mobile water desalination project
Oman plans to build a mobile desalination project, with a capacity to produce 100,000 cubic metres of water per day (22 million imperial gallons per day or MIGD) to meet temporary shortages for potab

Summer love-in for yen, emerging markets won’t last: BofAML
In an unusual turn of events, investors are long in emerging-market currencies as well as the Japanese yen.

Bank of America Merrill Lynch doesn’t expect the trend to last. The yen will proba

Aramco’s only IPO foray provides a cautionary tale
Since the Saudi state-owned oil giant Saudi Aramco sold shares in Rabigh Refining and Petrochemical Co in 2008, the facility has provided a peek into a small corner of its operations. With few other

QNB Weekly Market Report
The Qatar Stock Exchange (QSE) index decreased 42.83 points, or 0.42% during the trading week to close at 10,060.52. Market capitalisation increased by 0.63% to QR540.9bn versus QR537.5bn at the end

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?