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

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!