U.S. Industrial Production Rose 1.2% In May

June 16th, 2010 by Belisarius

U.S. industrial production rose 1.2% in May. The consensus was at 0.9%, April reading at 0.8%. Capacity utilization rose from 73.7% in April to 74.7%; the consensus was at 74.5%.

Main contributors to growth were automakers and utilities.

Chart 1. U.S. Industrial Production and Capacity Utilization

Source: FED

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