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May 2016 Industrial Production Data by Romon is a document available to read on EtoBox.
What is May 2016 Industrial Production Data about?
The industrial production report from the Federal Reserve showed: 1) Industrial production decreased 0.4% in May after increasing 0.6% in April, led by a large drop in motor vehicle production. 2) Manufacturing output fell 0.4% in May, with durable goods down 0.7% and capacity utilization for manufacturing decreasing 0.4 percentage points. 3) Utilities output decreased 1.0% in May as electric utilities fell but natural gas utilities rose, while mining rose 0.2% after eight straight monthly declines.
- Author
- Romon
- Language
- EN