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US Factory Output Falls for First Time in Four Months

Saturday, June 18, 2022
US Factory Output Falls for First Time in Four Months © Bloomberg. An American flag hangs at a factory in Fort Worth, Texas. Photographer: Luke Sharrett/Bloomberg

(Bloomberg) -- US factory production unexpectedly declined in May, restrained by ongoing supply challenges and hints of cooler demand.

The 0.1% decrease followed a 0.8% increases in the prior two months, Federal Reserve data showed Friday. Total industrial production, which also includes mining and utility output, rose 0.2% last month.

Median forecasts in a Bloomberg survey of economists called for a 0.3% advance in factory output and a 0.4% gain in overall industrial production.

©2022 Bloomberg L.P.

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03-07-2022 00:32:15 (UTC+7)

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 EUR/USD1.0429Neutral
 GBP/USD1.2098↑ Buy
 USD/JPY135.21↑ Sell
 AUD/USD0.6816↑ Sell
 USD/CAD1.2888Buy
 EUR/JPY140.98Neutral
 EUR/CHF1.0007↑ Sell
 Gold1,812.90↑ Buy
 Silver19.823↑ Buy
 Copper3.6138Neutral
 Crude Oil WTI108.46↑ Sell
 Brent Oil111.48↑ Sell
 Natural Gas5.620↑ Sell
 US Coffee C223.95↑ Sell
 Euro Stoxx 503,448.31↑ Buy
 S&P 5003,825.33↑ Buy
 DAX12,813.03Buy
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 Hang Seng21,859.79Sell
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 IBEX 358,176.10↑ Buy
 BASF41.270↑ Buy
 Bayer57.35↑ Buy
 Allianz182.00↑ Sell
 Adidas167.64↑ Sell
 Lufthansa5.566↑ Sell
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 Deutsche Bank AG8.053↑ Buy
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