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US industrial output dips in May as manufacturing declines

Updated : June 15, 2018 11:20 PM IST

Overall industrial output fell 0.1 percent last month after an upwardly revised 0.9 percent increase in April.
With overall output falling in May, the percentage of industrial capacity in use fell 0.2 percentage points to 77.9 percent.
Fed officials have traditionally looked to capacity use as among the signals of possible higher inflation.
US industrial output dips in May as manufacturing declines
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