Production Up 0.2%; Capacity Use at 76.7%

WASHINGTON — Industrial production rose 0.2% in June, the first increase in three months, the Federal Reserve reported Friday.

Capacity utilization was unchanged in June at 76.7%.

Economists expected industrial production would rise 0.3% and capacity utilization would increase to 77.0%.

June manufacturing output was flat following a 0.1% gain in May. Utility output increased 0.9% after a 2.0% drop in May.

In the second quarter, production increased 0.8% at an annual rate.

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