The general business conditions index dipped to 10.5 in April from 11.5 in March, according to the Federal Reserve.
The production index decreased to 8.1 in April from 24.1 in March, while capacity use dropped to 9.7 from 18.7, the Fed reported.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In