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The Daily Register - Harrisburg, IL
  • Industrial Production Climbs 0.4%, Misses Expectations

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  • Business Insider
    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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