Friday, July 15, 9:15 a.m.
Output at the nation's factories, mines, and utilities probably grew by 0.3% in June, according to the MMS economists. Warm weather likely lifted energy use, while slower auto production held back gains in factory output. Total output increased by 0.2% in both April and May. The expected gain in industrial production suggests that operating rates for all industries edged back up to 83.6% last month, after slipping to 83.5% in May.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Marc Faber Asked to Leave Sprott Board After Racist Report
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing