Industrial Production in the US expanded by 0.4% in August, surpassing the 0.1% of market consensus. July numbers were revised lower from a 1% increas
increased 0.4 percent in August, and manufacturing output inched up 0.1 percent. The August reading for manufacturing was held back by a drop of 5 percent in the output of motor vehicles and parts; factory output elsewhere rose 0.6 percent.
rose 0.1 percent in August for its second consecutive monthly gain but was 0.6 percent below its year-earlier level. remained at 77.9 percent in August, a rate that is 0.3 percentage point below its long-run average. The US Dollar edged lower after the report, with the US Dollar Index dropping below 105.30. Meanwhile,
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