NPR logo Industrial Production Dipped In June; But Not As Much As In May

Industrial Production Dipped In June; But Not As Much As In May

Production at the nation's factories, mines and utilities declined 0.4% in June from May, the Federal Reserve just reported.

But that's much less of a decline than the 1.2% drop in May. The Associated Press says the news may be "another sign the recession is easing its grip." Bloomberg offers a similar spin.

For much more on the economy's ups and downs, see Planet Money.