U.S. production falls, Chevy Silverado stalls
U.S. factory production declined last month after two months of gains. Industrial production fell by 0.4 percent. Could the Chevy Silverado have anything to do with it?
The Federal Reserve reported this morning that factory production in the U.S. fell by 0.4 percent in January following two months of gains.
Chris Low, chief economist at FTN Financial, shares his thoughts on the decrease and why the Chevy Silverado might have something to do with it.