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US industrial production up by 0.7% in April
Industrial production in the United States grew by 0.7% in April month-on-month, according to a report by the Federal Reserve's Board of Governors on Friday. Compared to April 2025, the industrial output increased by 1.4%. Manufacturing was up by 0.6% on a monthly basis and 1.3% annually and the production of utilities added 1.9% and 2.7%, respectively. The mining output fell by 0.1% from March and 0.2% from April 2025. Capacity utilization rose by 0.5 points to 76.1%, 3.3 percentage points below its long-run average.
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