Home / Breaking News / US: Industrial Production Expands by 0.9% in July

US: Industrial Production Expands by 0.9% in July

Industrial Production in the United States expanded by 0.9% on a monthly basis in July, the data published by the US Federal Reserve revealed on Tuesday. This print followed June’s increase of 0.2% (revised from 0.4%) and came in better than the market expectation of 0.4%.

Check Also

PCE Inflation Stays Hot: Markets Tumble as Rate Cut Hopes Fade

A wave of market unease swept through Wall Street Friday, triggered by persistent inflationary pressures …