Manufacturing Productivity Crept Up 0.4% in April Despite Auto Bottleneck

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The latest information from the Federal Reserve shows that total industrial production rose 0.7% in April. Manufacturing productivity, which excludes mining and utilities figures, rose 0.4 points after rising 3.1 points in March. Total industrial productivity is currently at 106.3% of its average 2012 levels and 103.2% for manufacturing productivity specifically.

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