US manufacturing output in February increased slightly, surpassing market expectations

2026-03-21 12:50:25

According to Reuters on March 16, data released on Monday showed that in February, automobile production performed strongly, but weakness in the machinery sector partially offset this growth, resulting in a slight increase in factory output for the month. The Federal Reserve released data indicating that manufacturing output rose by 0.2% month-over-month in February, with January’s growth revised upward to 0.8%.

Previously, economists surveyed by Reuters expected manufacturing output to grow by 0.1% in February after a 0.6% increase in January. Factory production in February increased by 1.3% year-over-year.

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