Home / Market Update / Industrial Production Expands by 1.1% in October

Industrial Production Expands by 1.1% in October

Industrial Production in the United States expanded by 1.1% on a monthly basis in October, the US Federal Reserve reported on Tuesday. This reading came in slightly better than the market expectation of 1% and followed September’s 0.4% contraction.

Check Also

10-Year Treasury Yield Stabilizes as Markets Digest Labor Data

The U.S. 10-year Treasury yield edged slightly higher on Friday, settling near 4.17%, as investors …