Home / Market Update / U.S: Industrial Production Expands by 0.4% in June

U.S: Industrial Production Expands by 0.4% in June

Industrial Production in the United States expanded by 0.84 on a monthly basis in June, the US Federal Reserve reported on Thursday. This reading followed May’s growth of 0.7% and came in slightly weaker than the market expectation for an increase of 0.7%.

Check Also

Oil on the Edge: Prices Race Up as Hormuz Tensions Tighten and Diplomacy Stalls

Global oil markets are approaching a critical tipping point, with prices climbing toward the psychologically …