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.
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