U.S. | Industrial output recovers in April
Published on Tuesday, May 17, 2016 | Updated on Tuesday, May 17, 2016
U.S. | Industrial output recovers in April
Summary
Industrial production increased 0.6% MoM in April after two months of declines. Utilities and manufacturing output increased, while mining continued to contract. The weaker U.S. dollar, higher oil prices, solid labor market performance, and improving business sentiment hint at gradual improvement in industrial production going forward
Geographies
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- Global
Topics
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- Macroeconomic Analysis
Authors
Filip Blazheski
Kim Fraser