Home / Market Update / U.S. Industrial Production Expands by 3% in July

U.S. Industrial Production Expands by 3% in July

Industrial production in the United State rose by 3% during the month July, registering its third consecutive monthly increase, data by the U.S. Federal Reserve showed on Friday.

However, production remains below its levels prior to the COVID-19 pandemic by around 8.4%

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …