TopNews

Industrial production in the United States tumbled in April, the biggest drop in eight months. The Federal Reserve says the total output at the nation’s factories, mines and utilities fell 0.5% following a downwardly revised 0.3% gain in March.

Tags: Economy, Industrial Production, Wholesale Prices

The latest numbers about the health of the U.S. economy are more upbeat than those that came out last week. Industrial production rose in March by 0.4% from the month before due to utilities using more energy and a surge in auto production and new homes starts in the country have hit an annual level not seen in nearly four years.

Tags: Economy, Industrial Production, Home Starts, Consumer Prices

Consumer confidence rose in February, according to the latest Thompson Reuters/University of Michigan survey, blowing past what a poll of economists were forecasting, but January industrial production numbers were not so stellar.

Tags: Economy, Consumer Confidence, Industrial Production