Industrial Production Weakens In May, But Annual Pace Remains Firm
June 15, 2012 at 10:21 AM EDT
Industrial production posted a slight loss in May, the Federal Reserve reports. That’s one more reason to worry about the business cycle in the wake of slower job growth and a deepening euro crisis in Europe. Nonetheless, today’s industrial production update falls well short of a fatal blow for thinking positively. Although industrial production declined [...]
