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US Industrial Production Stagnates as Factory Output Declines /
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2024-05-16 15:06:28

US Industrial Production Stagnates as Factory Output Declines on Nostr: US Manufacturing Output Remains Stagnant in April =============== #2bef6d19 ver:0.12 ...

US Manufacturing Output Remains Stagnant in April
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#2bef6d19 ver:0.12

US manufacturing output stagnated in April, with a 0.3% decline in factory output. Rising input prices, inconsistent demand, and challenges in export markets are hindering the sector's growth. Motor-vehicle production fell by 2%, and capacity utilization dropped to 76.9%. The Federal Reserve is not expected to reduce interest rates, but an eventual reduction in borrowing costs and increased infrastructure spending could support factory activity over time. #manufacturing #economy #output...

#newstr #UsManufacturing #FactoryOutput #FederalReserve

https://here.news/story/2bef6d19?ver=0.12
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