After reporting a sharp increase in U.S. industrial production in the previous month, the Federal Reserve released a report on Friday showing industrial production edged modestly higher in the month of May.
The Fed said industrial production crept up by 0.2 percent in May after surging by an upwardly revised 1.4 percent in April.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.