US industrial production up by 0.1% in August

From breakingthenews.net

Industrial production in the United States increased by 0.1% in August compared to July, according to a report by the Federal Reserve Board of Governors published on Tuesday. Manufacturing output rose by 0.2%, as the mining output went up by 0.9%, while the index for utilities output decreased by 2.0%. Compared to August 2024, industrial production increased by 0.9%. Manufacturing also gained 0.9%, mining improved by 1.0% and utilities rose by 0.1%. Capacity utilization stood at 77.4% in July, 2.2 percentage points below its long-run average and 1.5% higher than a year ago.