[02/17/16] Industrial production in the United States had its largest gain in 14 months in January as manufacturing and utilities output increased, the latest sign that the economy regained some ground early in the year.
While other data on Wednesday showed a surprise decline in housing starts last month, that was probably because of bad weather, especially in the Northeast and Midwest. With building permits ahead of groundbreaking activity, home construction is likely to pick up in the months ahead.
The first increase in industrial output in five months should help allay the fears of...