A flat June followed a scant 0.1 percent increase in May and a 0.5 percent decline in output in April, the Fed adds.
Another sign of sogginess in the factory sector: previously, the Fed had estimated that production rose 0.4 percent in May from April. The new estimate — of that 0.1 percent rise — marks a significant downward revision.
Hundreds of moviegoers wait in line for the midnight showing of <em>Harry Potter and the Deathly Hallows: Part Two</em> in Merrimack, N.H., Thursday, July 14, 2011. The film is expected to put up franchise-record numbers as it debuts just after midnight Friday.
Credit Charles Krupa / AP
This week marks the premiere of Harry Potter and the Deathly Hallows: Part Two, the eighth installment of the most successful series in movie history. As such, it offers a useful comparison in the differences between what makes a successful summer blockbuster in Hollywood and what makes for one in Washington, DC. Here are the top ten:
The United States just announced that it now considers the main opposition group in Libya to be that country's legitimate government.
The Transitional National Council that opposes Col. Moammar Gadhafi won international recognition from the U.S. and other members of the Contact Group, the 22 nations who coalesced to address Libya's future. NPR's Peter Kenyon is at the Group's summit in Istanbul and tells NPR Newscast Desk that Secretary of State Hillary Clinton made the announcement.