U.S. manufacturing production rebounds in August

U.S. manufacturing production rebounds in August

U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production. Manufacturing production rose 0.5 per cent last month after an unrevised 0.4 per cent drop in July. The jump in manufacturing output in August together with a 1.4 per cent rebound in mining, lead to a 0.6 per cent increase in industrial production last month.

KCooper
KCooper
Miles O'Brien
Miles O'Brien 6 months

These month to month stats are just fodder for stupid articles like these. Net gain July to august .01 percent.

Top in Business
Get the App