U.S. Industrial Production Fell 0.4% in May - News Summed Up

U.S. Industrial Production Fell 0.4% in May


Industrial production, a measure of everything made by factories, mines and utilities, fell a seasonally adjusted 0.4% in May, the Federal Reserve said Wednesday. industrial output declined last month as manufacturing production fell, highlighting the factory sector’s continued struggles. Economists surveyed by The Wall Street Journal had forecast a 0.3% decrease. WASHINGTON—U.S. The move largely reflected a fall in output...


Source: Wall Street Journal June 15, 2016 13:20 UTC



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