Industrial Production Rises in May

Washington, DC, June 16, 2014 -- Industrial production increased in May, the Federal Reserve said Monday.

Production rose a seasonally adjusted 0.6% after falling 0.3% in April. April's production change was revised up from a 0.6% decline.

Production was up 4.3% over the past year.

Factory production rose 0.6% in May after edging down 0.1% in April.