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www.ForRefinance.com - Mortgage Refinance Center, Information and Resources
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Glossary of Economic Terms |
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Industrial Production Index |
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The industrial production index measures the monthly level of the physical output of the manufacturing, mining, and gas and electric utility industries. When industrial production is down, it indicates a slowing of economic growth and, therefore, the Federal Reserve is inclined to allow interest rates to drop to stimulate the economy. Bond Market Moves Up In Price.
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