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<Econ> US Mar Industrial Production Unexpectedly Falls 0.5%
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The Federal Reserve announced that US industrial production fell 0.5% in March, compared with analysts expectations for no change. The February figure was revised up to an increase of 0.7%. Among the components, manufacturing activity declined 0.1%, utilities output dropped 2.3%, and mining output decreased 1.2%. Industrial capacity utilization rate stood at 75.7% in March, below the market expectation of 76.3%. (to/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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