Industrial Production Gains in March
ndustrial production rose 0.6% in March, the Federal Reserve said Friday.
The production increase at factories, mines and utilities followed a followed a 0.5% gain in February, the Fed said.
Economists had forecast a 0.5% increase, Bloomberg reported.
The share of industrial capacity in use rose to 81.3%, the highest in five-and-a-half years, from an 81% in February.
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