U.S. industrial production rose in April at the fastest pace in more than a year, powered by a broad manufacturing gain led by autos and supported by strong output from computers, electronics, and other industries seeing renewed demand due to investments in artificial intelligence.
Industrial production rose 0.7 percent in April, the Federal Reserve said Friday, reversing a revised 0.3 percent decline in March. The increase was the largest since February 2025 and lifted total industrial output to its highest level since August 2019.
Manufacturing output, which accounts for about three-quarters of total industrial production, climbed 0.6…
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