U.S. Industrial Production Rose 0.1% in June, Missing Fed Forecast

According to the Federal Reserve, U.S. industrial production rose 0.1% in June on a seasonally adjusted basis, missing the expected 0.2% increase. Manufacturing output was flat for the month, while mining and utility production indices each rose 0.4%. Equipment utilization stood at 76.1%, remaining 3.3 percentage points below the long-term average.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments