Tecass15 Jun 2018 16:48
It's amazing how so many things can affect the market
Industrial production fell in May largely because of a fire that disrupted truck assembly lines, but it’s up strongly over the past year. The numbers: Industrial production fell in May for the first time in four months, but the drop-off was largely the result of a major fire at an auto-parts supplier for Ford (XNYS:F) trucks instead any weakness in the U.S. economy. Industrial production in the U.S. edged down by 0.1% last month, the Federal Reserve said Friday.