Banking

Industrial production reduced in June

Industrial production fell 0.5% in June. Total commercial production in June was 0.4% its year-earlier level.

Manufacturing output reduced 0.3% in June. The indexes for nondurable production and resilient production reduced 0.6% and 0.1%, respectively, the index for other production (publishing and logging) fell 0.2%.  The index for mining fell 0.2%. While the index for energies dropped 2.6% in June.

Read the Fed release.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

Related Articles

Back to top button