U.S. industrial output falls in June for first time this year

U.S. industrial output falls in June for first time this year

Posted on

The numbers: Industrial production fell 0.2% in June, the Federal Reserve reported Friday. This is the first decline of the year.

Wall Street economists had expected a 0.1% gain in factory output, according to a survey by The Wall Street Journal.

Production in May was revised down slightly to an unchanged reading from the initial estimate…

Leave a Reply

Your email address will not be published. Required fields are marked *