After rising by 0.1% the previous month (revised from an initial estimate of +0.4%), US industrial production stagnated in April, with a 0.3% decline in manufacturing output per se.

Also according to the Federal Reserve, which published these figures, the capacity utilization rate in US industry fell by 0.1 points to 78.4% in April, a level 1.2 points below its long-term average (1972-2023).

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