USA: +0.4% industrial production in March

(CercleFinance.com) - Following an increase of 0.
4% the previous month (revised from an initial estimate of +0.1%), US industrial production rose by a further 0.4% in March, led by a 3.1% jump in automotive production (vehicles and equipment).

Also according to the Federal Reserve, which published these figures, the capacity utilization rate in US industry rose by 0.2 points to 78.4% in March, a level 1.2 points below its long-term average (1972-2023).

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