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IPFS News Link • Business/ Commerce

US Industrial Production Is Growing At Its Weakest In 2 Years As Utilities Crashed

• by Tyler Durden

Manufacturing output actually rose 1.0% MoM, better than the +0.8% expected, and its best print since Feb 2022. That dragged the YoY move back into the green...barely.

Source: Bloomberg

The biggest headline from the report is the record 9.9% collapse in Utilities...