US industrial production rarely increases by two-tenths in May, which is Sudden deceleration Compared to the previous month.

According to data released today by the Federal Reserve Board (FRB), a 0.2% increase in industrial production is the lowest this year. It is also well below that of April (1.4%).

In addition, back in December of last year, we need to find that the monthly changes in this indicator are lower than those published today. At that time, industrial production decreased by 0.2%.

By sector, Mining production Gas and electricity, including oil drilling, increased by 1.3% and 1%, respectively, during the last month, while those in the manufacturing industry decreased by 0.1%.

As part of this, the utilization of industrial capacity in the United States has risen to 79%, one-tenth higher than the 78.9% registered in April.

This index, which measures the percentage of resources used by companies and factories based on all production plants in the country, is still below the historical average of 79.6% from 1972 to 2020.

Industrial production brakes come during US runaway inflation At 8.6%, this led to the Federal Reserve raising interest rates. This is a measure that can affect economic development.

As a result, there is a risk of recession among experts and markets, as well as factors such as supply chain problems, energy sector instability and prices due to Russia’s invasion of Ukraine.