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Industry News
16th May 2017

U.S. industrial production likely to have picked up modestly in April, says Wells Fargo

U.S. industrial production expanded in March, recording the second largest rise in over a year. But the growth was nearly entirely driven by a sharp rise in utilities output that reflected the return of more normal temperatures in March. Looking past the headline, manufacturing production dropped 0.4 percent year-on-year, breaking a six-month string of growth.


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