US Factory Output Grows at Fastest Pace in a Year

Date:

Workers assemble cars at a Ford’s Assembly Plant in Chicago, Illinois, on June 24, 2019. JIM YOUNG/AFP via Getty ImagesU.S. factory production surged at its best pace in more than a year, according to new Federal Reserve data published on May 15.In April, industrial production jumped 0.7 percent, following an upwardly adjusted 0.3 percent decline in the previous month, the U.S. central bank said.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Lawmakers Renew Calls for Action Against Falun Gong Persecution as Senate Weighs Organ-Harvesting Bills

Sen. Todd Young (R-Ind.) and Rep. Pat Ryan (D-N.Y.)...

Criticality Reached for 3rd US Advanced Reactor

The third advanced nuclear reactor authorized by the Department...

Senate Defense Bill Would Establish Fund for Government to Buy Into Private Companies

A new bill in Congress would enshrine into law...

Halftime Score: Wall Streets 2026 Winners and Losers

From the war in Iran to inflation-revival concerns, the...