US industrial production surges 5.4% in June

Credit: SeattlePI.com- Published on July 15, 2020
WASHINGTON (AP) — Production at America's factories, utilities and mines surged last month, but remained well below pre-pandemic levels.

The Federal Reserve said Wednesday that U.S. industrial production rose 5.4% in June, the second straight monthly gain after a 1.4% uptick in May. But it was still 10.9% below the level in...

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