US industrial production declined

U

Industrial production in the United States fell by 0.5 percent on a monthly basis in April. This is according to figures from the Federal Reserve.

Economists counted on average at an unchanged production level. In March, production in the American industry increased by 0.2 percent. This figure was revised from a previously reported fall of 0.1 percent.

The occupancy rate last month amounted to 77.9 percent against a revised 78.5 percent in March. Economists generally counted on a capacity utilization of 78.7 percent in April.


By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to [email protected]

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