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US industrial output rose a modest 0.7% in April

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WASHINGTON – U.S. industrial production increased for a second straight month in April as more factories came online after being shutdown by winter ice storms.

Industrial production — which includes output at factories, mines and utilities — rose 0.7% last month, down from a sharp gain of 2.4% in March, the Federal Reserve reported Friday.

Manufacturing output rose 0.4%, even as a shortage of semiconductor chips caused auto production to fall. The manufacturing of machinery, steel and other metals, and chemicals rose.

Utility production climbed 2.6%, after a sharp drop in March. And mines lifted production 0.7% last month. The U.S. economy is expanding at a healthy clip as consumers become more confident and states and cities relax

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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