US factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose. However, production of items such as food and textiles fell. This mixed performance indicates a pause in manufacturing growth. The Federal Reserve reported these figures on Monday.

...but capacity utilization increased.

US factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose. However, production of items such as…