Trump Effect? U.S. Industrial Output Growth Reaches Highest Level in Four Years
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In the two months since Trump won the election, U.S. industrial output has increased by a cumulative 1.5%, the largest increase since November 2021. Affected by cold weather, U.S. industrial output in January rose by 0.5% month-on-month, higher than the expected 0.3%, and the previous value was also revised upward. However, the manufacturing sector, which accounts for three-quarters of industrial output, showed slight weakness, declining by 0.1% month-on-month, below the expected growth of 0.1%
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