Industrial production in the United States rose 1.1% in April compared to March, marking the fourth consecutive month of gains, according to a survey released this Tuesday, 17, by the Federal Reserve (Fed, the US central bank). The result surpassed the expectations of analysts consulted by the The Wall Street Journalwhich predicted a rise of 0.5% last month.
US industrial capacity utilization rose to 79% in April, also above the market consensus of 78.6%.
The March figure was revised down slightly from 78.3% to 78.2%.
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