U.S. factory production shows broad-based gain outside autos

UNITED STATES factory production capacity utilization in April was the highest its been since 2015. / BLOOMBERG
UNITED STATES factory production capacity utilization in April was the highest its been since 2015. / BLOOMBERG
NEW YORK - United States factory production regained its footing in April to push capacity utilization to the highest since 2015, indicating the industry will support economic growth this quarter, Federal Reserve data showed Wednesday. Highlights of industrial production (April) Factory output rose 0.5 percent month to month (matching est.) after being unchanged in March…

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