[alcoa aluminum worker inspect]AP/Daniel R. Patmore Industrial production jumped 0.7% in April, more than expected. This is only the second positive reading since last September. The Federal Reserve's data out Tuesday also showed that capacity utilization was 75.4%. Economists had forecast that industrial production rose 0.3% month-on-month following a 0.6% drop according to Bloomberg. Demand for electricity and natural gas climbed to a more normal level after unseasonably warm weather in March reduced the need for heating. Manufacturing production rose 0.3%, while mining declined yet again, by 2.3%. Capacity utilization was estimated at 75%. Refresh this page for the latest. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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