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U.S. Industrial Production Unexpectedly Edges Down 0.1% In October

Por: RTTNews Business November 16, 2022

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Reflecting a continued slump in utilities output, the Federal Reserve released a report on Wednesday unexpectedly showing a modest decrease in U.S. industrial production in the month of October.The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September.The dip surprised economists, who had expected industrial production to inch up by 0.2 percent compared to the 0.4 percent increase... + full article



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