Tue, 16 Jul 2013 15:35:05 GMT
Industrial output in U.S. has largest gain in four month
Industrial output in the U.S. climbed the most since February. Output gained 0.3% in June, which matches the economist forecast, after a 0.2% increase in May. Manufacturing growth is quite low as slow-growing foreign markets hinder export activity, but it is expected to pick up in the second half of 2013. Manufacturing accounts for 12% of the U.S. economy.