After remaining stable in the previous month (and confirming the initial estimate), US industrial production rose by 0.9% in May, including a similar increase in manufacturing output per se.

Also according to the Federal Reserve, which published these figures, the capacity utilization rate in US industry improved by 0.5 points to 78.7% in May, a level which nevertheless remains 0.9 points below its long-term average (1972-2023).

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