Industrial output drops 20.1% y/y in May.
Industrial output dropped by 20.1% y/y in workday adjusted terms in May after the 19.2% y/y fall a month ago and against 19.8% y/y drop under the preliminary estimates, the statistical office data shows.
US industrial production slowed 0.2 percent in May after a steeper decline of 0.7 percent in April, the US Federal Reserve said Tuesday.