U.S. factory output rises in the second quarter

Source: Reuters
© Scanpix/AFP

U.S. manufacturing production grew at its highest pace during the last two years in Q2. The factory production grew around 6.7% annually since 2012. Solid performance in the second quarter paired with the report published on Tuesday indicating growth in the factory operations in the New York state proves economists' confidence in the stability of the sector.  

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