U.S. industrial production rises in July, remains well below pre-pandemic level


  • World
  • Saturday, 15 Aug 2020

WASHINGTON, Aug. 14 (Xinhua) -- U.S. industrial production rose in July for the third straight month as more of the nation's factories reopened, but it remained well below the pre-pandemic level.

Total industrial production rose 3 percent in July after increasing 5.7 percent in the previous month, the Federal Reserve reported on Friday. Even so, total industrial production last month was 8.4 percent below its pre-pandemic level in February.

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