Industrial Production Climbs 0.4%, Misses Expectations
car assembly line worker FOrd
car assembly line worker FOrd

AP

Industrial production climbed 0.4% in August, slightly missing analyst expectations.

Economists expected that industrial production — which includes manufacturing, mining, and electric and gas utilities — would climb 0.5% after a 0% print in July.

August purchasing managers' indices generally improved in August and employment data showed that aggregate hours worked in manufacturing also rose, Wells Fargo's John Silvia wrote to clients .

Here is the full report.



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