Economists say the unexpected boost in the Fed’s industrial
production report doesn’t change the overall trend in the
economy, which is clearly on a downward slope. The report unexpectedly
rose 0.2% in the month of July, against expectations that it would come
in flat, while the previous month’s gain was downwardly revised one-tenth
to 0.4%.
Economists Dismiss Boost in U.S. Industrial Production Report
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