U.S. Industrial Production Decreases Much More Than Expected In July

2024-08-14 1310
(fxcue news) - The Federal Reserve released a report on Thursday showing industrial production in the U.S. fell by much more than expected in the month of July. The report said industrial production decreased by 0.6 percent in July after rising by a downwardly revised 0.3 percent in June. Economists had expected industrial production to dip by 0.3 percent compared to the 0.6 percent increase originally reported for the previous month. The bigger than expected decline by industrial production partly reflected a sharp pullback by utilities output, which plunged by 3.7 percent in July after surging by 2.6 percent in June.
Sign In via X Google Sign In via Google
This page link:http://www.fxcue.com/61434.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights

Please sign in

关注我们的公众号

微信公众号