Boxes for cast iron cookware at the Lodge Manufacturing Co. factory in South Pittsburg, Tennessee, U.S., on March 7, 2022. Photographer: Luke Sharrett/Bloomberg.
Production at U.S. factories increased in July for the first time in three months, propelled by a pickup in motor vehicle output that masked mixed results in other categories.
The 0.7 percent increase in manufacturing production followed a revised 0.4 percent decline in June, Federal Reserve data showed Tuesday. Including mining and utilities, total industrial output climbed 0.6 percent last month.
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