随机的文章: Industrial production index
Industrial production index (IP) is an indicator characterizing industrial output in mining, manufacturing, energy-savings and utilities. The index reflects growth or decline in manufacture and services in the USA without account of construction segment. It is also known as “net output” and is expressed as percentage. Industrial production takes about 40% of the US economy and is closely related with such figure as GDP. Advantage of index is that it only accounts for industrial output rather than its monetary value. It makes the index one of major indicators of national economy condition and an important fundamental influencing currency rate. Growth of indicator means consolidation of the economy and contributes to upsurge of the American currency.