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Increase in US Industrial Production Reported

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Ziad Najjar
Ziad Najjar is an Egyptian author who studied business and finance in the United States and has a keen interest in media. He combines his expertise in these fields to create informative and engaging works accessible to a broad audience.

Today, Friday, data from the Fed showed that US industrial production rose 0.4% in March compared to February.

The data showed that the production of manufacturing and mining industries decreased by 0.5%, while the production of energy facilities increased by 8.4%.

The output of car assembly plants fell to 10.11 million units from 10.31 million units, while the non-car industrial production index rose 0.5 percent last month.

Source: Prime

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