US Industrial Production Exceeds Expectations with 0.6% June Increase In June, U.S. industrial production saw a better-than-expected increase of 0.6% month-over-month (MoM), surpassing the anticipated 0.3% rise but not as strong as the 0.9% increase in May. This brought the annual growth rate to 1.6%, the highest since October 2022. Manufactu...