Wednesday, May 16, 2007

U.S. April industrial output jumps 0.7 pct

(Reuters) - Analysts polled by Reuters were expecting production to rise 0.3 percent and capacity use to rise to 81.5 percent.

Manufacturing output rose 0.5 percent in April, boosted by a 3.3 percent rise in motor vehicle and parts production and a 2.0 percent gain in computer and electronic product output, the Fed said.


Read more at Reuters.com Economic News

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