U.S. Industrial Production Fell in March

U.S. Industrial Production Fell in March

America's industrial output declined in March from a month earlier, dragged down by a slower stretch at utilities amid unusually warm weather, per new data out Wednesday from the Federal Reserve.

Total industrial output was down by 0.3% last month, following a 0.8% increase in February. Economists surveyed by WSJ had expected to see production decline by 0.1%.

Utilities activity dropped by 5.8%, but other industrial sectors notched gains.