Wed, 16 May 2012 17:25:27 GMT
Industrial production in the U.S. increased more than forecasted
Production of utilities, mines and factory's in the U.S. surpassed expected growth and increased by 1.1% in April. Manufacturing, which accounts for three quarters of the total U.S. production, rose by 0.6%. Utility output increased by 4.5%, which is the most in in last two years. Mining capacities increased by 1.6% after 1.7% decline in March. Motor vehicle production step-up by 3.9% following 1.2% increase