(Reuters) - A Federal Reserve report on Wednesday showed output at U.S. factories, mines and utilities rose a greater-than-expected 0.7 percent in April, with the amount of industrial capacity tapped climbing to 81.6 percent, also above Wall Street forecasts
Meanwhile, Commerce Department data showed that while U.S. housing starts unexpectedly rose 2.5 percent to a seasonally adjusted annual pace of 1.528 million units, building permits sank to the slowest pace since June 1997.
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