1. U.S. industrial production index hits record high at 104.2. 2. Manufacturing leads growth, with auto parts rising 8.5% in February. 3. Housing starts surged over 11%, indicating a potential market rebound. 4. Core retail sales increased 1%, showing strong consumer demand. 5. Inflation remains tame, contradicting fears of an economic downturn.
Strong industrial production and manufacturing figures indicate healthy economic activity, historically correlating with S&P 500 gains—especially when production hits highs.
The article presents data directly relevant to economic health, impacting investor sentiment and S&P trends.
Immediate production and retail sales improvements could stimulate market responses, aligning with historical trends like post-financial crisis recoveries boosting the S&P.