Industrial Production A fixed-weight measure of physical output of the nation's factories, mines and utilities. Monthly percent changes in the index reflect the rate of change in output. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A computer-generated report containing credit and legal information obtained from one of the main credit bureaus. An increase in the amount of money or credit available relative to the amount of goods or services available.
Inflation causes an increase in the general price level of goods and services.
Over prolonged periods inflation can reduce the purchasing power of a dollar, making it worth less. The original starting interest rate of a loan at the time of closing. Sometimes called a teaser rate. A regularly scheduled periodic payment that a borrower agrees to make to a lender. Cars and furniture are often paid for with installment loans.