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

ECB Stays the Course: No Rate Hikes on the Horizon

The European Central Bank (ECB) is expected to keep interest rates unchanged well into next …