Fed: Industrial Production decreased 0.2% in May

From the Fed: Industrial production and Capacity Utilization Industrial production decreased 0.2 percent in May after falling 0.5 percent in April . The decline in April was larger than previously reported, but the rates of change for previous months were generally revised higher, leaving the level of the index in April slightly above its initial estimate. Manufacturing output decreased 0.2 percent in May and was little changed, on net, from its level in January. In May, the index for mining moved down 0.3 percent after declining more than 1 percent per month, on average, in the previous four ......(read more)

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