U.S. Industrial Production Jumps 0.8%:

July 17, 2006
After creeping up a revised 0.1% in May, U.S. industrial production jumped 0.8% in June, the Federal Reserve said July 17. The report showed double the rise in June output expected by Wall Street analysts of 0.4%. Year over year, industrial production ...

After creeping up a revised 0.1% in May, U.S. industrial production jumped 0.8% in June, the Federal Reserve said July 17.

The report showed double the rise in June output expected by Wall Street analysts of 0.4%.

Year over year, industrial production -- a measure of activity of U.S. factories, mines and utilities -- is up 4.5%.

The Fed had initially reported a fall in May production of 0.1%.

Copyright Agence France-Presse, 2006

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