U.S. Manufacturing Fell 0.4% In August

Author:     Published time:2016-10-10 16:47     Reading times:835    

The level of the index in August is little changed from its level in March,Industrial production decreased 0.4% in August after rising 0.6% in July. Manufacturing output also declined 0.4% in August, reversing its increase in July; .

The indexes for durable and for other manufacturing (publishing and logging) fell 0.6% and 0.7%,manufacturing output was also 0.4% below its level of a year earlier. In August,  respectively. Many durable goods industries posted declines of nearly 1% or more, with the largest drop, 1.9%, recorded by machinery.