Aerospace News for July 2009

Aerospace News Archive

U.S. Industrial Production Dips 0.4% in June

A newly released report from the Federal Reserve showed U.S. Industrial production decreased 0.4% in June after having fallen 1.2% in May. For the second quarter as a whole, output fell at an annual rate of 11.6%, a more moderate contraction than in the first quarter, when output fell 19.1%.