US industrial production up 4th month in row: Fed

Washington, May 17 (UNI/Sputnik) US industrial production grew for a fourth month in a row in April, demonstrating resilience in the underlying engine of the economy despite inflation at 40-year highs, data from the Federal Reserve showed Tuesday.
"In April, total industrial production increased 1.1 per cent—the fourth consecutive month of gains of 0.8 per cent or greater," the central bank said in a statement as it published the so-called Industrial Production Index.
The IPI measures levels of production and capacity in the manufacturing, mining, electric, and gas industries, relative to a base year. The Federal Reserve publishes the data in the middle of every month, and revisions to previous estimates at the end of the month.

Please log in to get detailed story.

Tags: #US industrial production up 4th month in row: Fed

More News

Palestinian death toll in Gaza rises to 34,049: ministry

20 Apr 2024 | 4:18 PM

Gaza, Apr 20 (UNI) The Palestinian death toll in Gaza from ongoing Israeli attacks has risen to 34,049, the Hamas-run Health Ministry said on Saturday.

UN's commission on science and technology elects new chair

20 Apr 2024 | 4:14 PM

Geneva, Apr 20 (UNI) Gambia's Muhammadou Kah was elected chair of the UN Commission on Science and Technology for Development on Friday.

Israel-Hamas talks on ceasefire, hostage deal on brink of collapse

20 Apr 2024 | 4:14 PM

Jerusalem, Apr 20 (UNI) There is a possibility that Israel and Palestinian movement Hamas will discontinue their talks in Qatar on a ceasefire and hostage release deal, The Wall Street Journal reported on Saturday, citing an unnamed Arab official familiar with the matter.

Ecuadorian Prez declares state of emergency over energy crisis

20 Apr 2024 | 2:28 PM

Quito, April 20 (UNI) Ecuadorian President Daniel Noboa has declared a two-month state of emergency in the country over a massive energy crisis.

Musk postpones India trip citing Tesla obligations

20 Apr 2024 | 2:10 PM

Washington, April 20 (UNI) In a surprising turn of events, Tesla's CEO, Elon Musk, has postponed his highly anticipated trip to India, where he was slated to meet with Prime Minister Narendra Modi and unveil plans for the company's entry into the South Asian market.

US industrial production up 4th month in row: Fed

Palestinian death toll in Gaza rises to 34,049: ministry

UN's commission on science and technology elects new chair

Israel-Hamas talks on ceasefire, hostage deal on brink of collapse

Ecuadorian Prez declares state of emergency over energy crisis

Musk postpones India trip citing Tesla obligations

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a day Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTOS-57U

RANCHI, APR 20 (UNI):- Police arrested People Liberation Front of India (PLFI) Naxalite Area Commander Soma Hembrome along with PLFI Naxalite Birsa Khandait ahead of Lok Sabha elections at Chaibasa in Ranchi, Jharkhand on Saturday. UNI PHOTO-56U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-55U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-54U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-53U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-52U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-51U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-50U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar Inauguration a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication(CBC), at MGBS in Hyderabad on Saturday. UNI PHOTOS-49U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-48U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-47U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-46U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-45U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-44U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-43U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-42U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-41U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-40U

SEOUL, April 20, 2024 (UNI/Xinhua) -- Competitors set off during the 2024 Lotte World Tower Vertical Marathon in Seoul, South Korea, April 20, 2024. UNI PHOTO-11F