The Traderszone Network

Published in TZ Latest News 16 June, 2014 by The TZ Newswire Staff

Manufacturing output increases solidly in May

U.S. manufacturing output rose solidly in May as production increased across the board, bolstering expectations that economic growth would rebound strongly this quarter. Factory production increased 0.6 percent last month after slipping by a revised 0.1 percent in April, the Federal Reserve said on Monday.