Industrial production increased 0.7% in January from the previous month, the Federal Reserve reported. The January figure was up 2.3% from a year prior. Manufacturing rose 0.6% in January, mining fell 0.2% and utility output increased 2.1%.
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.









