Washington, June 17, 2025 (AFP) - US factory output ticks down unexpectedly in May

NAMPA / AFP
2025-06-17
Industrial production in the United States edged down unexpectedly in May, the Federal Reserve said Tuesday, as a drop in utilities output outweighed slight upticks in manufacturing and mining. Industrial output declined 0.2 percent last month, after a revised 0.1 percent increase in April, the Fed said. This marked the second time in three months that overall output has fallen. A consensus forecast by Briefing.com had instead expected a slight 0......
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