U.S. Industrial Production was hot in August. Mining output and defense production contributed to a positive surprise. Federal Reserve data released Friday showed that the index for industrial output rose by 0.4 percent after increasing by 0.7 percent in June. Total production increased by 0.2…
In August, U.S. business production increased significantly, with increases in mining and defense production bringing about a positive surprise. The Federal Reserve released a report on Friday, stating that the index for industrial production increased by 0.4 % in August after increasing by 0.7 percent in July. Total production rose to 102.5 % of where it was in 2017. In August, U.S. commercial production increased significantly, with increases in mining and defense production adding to the positive surprise. The Federal Reserve released a report on Friday, stating that the index for industrial production increased by 0.4 percent in August after increasing by 0.7 % in July. Total production rose to 102.5 % of where it was in 2017.
U.S. Industrial Production was hot in August. Mining output and defense production contributed to a positive surprise. Federal Reserve data released Friday showed that the index for industrial output rose by 0.4 percent after increasing by 0.7 percent in June. Total production increased by 0.2…
