U.S. production and consumer prices, Canadian net worth rise

(March 15, 2013) -- U.S. industrial production jumped a stronger-than-expected 0.7 percent in Feb. 2013 and was above market expectations for a 0.4 percent gain. Feb. 2013 consumer prices rose a stronger-than-expected 0.7 percent. The market value of the net worth of Canadian households rose by 1.4 percent ($93 billion) in the fourth quarter of 2012 to $7.0 trillion. This represents the highest level of aggregate net worth on record.