Overheard: Parts Production Peaks

Overheard: Parts Production Peaks

Production in March was 13% higher than it was in 2017.

The production of auto parts remained strong in March, as measured by the Federal Reserve’s Industrial Production Index. The index of production was 113.36 (2017=100) which means that production was 13% higher than it was in 2017. Auto parts as calculated here would include both OEM and aftermarket parts.

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