May 17, 2007

Industrial production went up 0.7% during the month of April above most analyst expectations. An increment in the sectors of Automotive Production and Basic Services were mostly responsible for the raise. During the month of March industrial production suffer a contraction of 0.3% according to the Federal Reserve. During the month of April industrial capacity went up to 81.6% from 81.2% during the month of March.

Good news from one of the most important economic fronts.