US factory output up 0.6% in May
Another report shows June pick-up in manufacturing
[WASHINGTON] Industrial production climbed more than forecast in May, a sign that gains in manufacturing are supporting growth as the US economy picks up.
Output at factories, mines and utilities rose 0.6 per cent after a revised 0.3 per cent drop in April that was smaller than previously estimated, a report from the Federal Reserve showed yesterday in Washington. The median forecast in …
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