Open Demo Account
Home / Market Update / US: Industrial Production Expands by 0.8% in May

US: Industrial Production Expands by 0.8% in May

Adel 15 June, 2021 5:58 pm Market Update

Industrial Production in the United States expanded by 0.8% on a monthly basis in May, the US Federal Reserve reported on Tuesday. This reading followed April’s growth of 0.1% (revised from 0.7%) and came in slightly better than the market expectation for an increase of 0.6%.

Tags

Check Also

US Equities Mixed as Energy Sector Rallies on Venezuela Sanctions

Wall Street saw a fragmented performance on Wednesday as geopolitical tensions bolstered energy and mining …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends