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U.S. Industrial Production Unexpectedly Falls Amid Continued Slump In Utilities Output

Por: RTTNews Business July 18, 2023

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Industrial production in the U.S. unexpectedly saw further downside in the month of June, according to a report released by the Federal Reserve on Tuesday.The Fed said industrial production slid by 0.5 percent in June, matching the downwardly revised decrease in May. Economists had expected production to come in unchanged compared to the 0.2 percent dip originally reported for the previous month.The unexpected decline in production was partly... + full article



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