Industrial Production Rebounds After Hurricane-Related Drop

After a 0.9% decline in July, production at U.S. factories, mines, and utilities increased 0.8% in August, exceeding expectations.

By Vince Golle | September 18, 2024 at 11:31 AM

Photo: A worker at a factory. Photographer: George Frey/Bloomberg.

U.S. industrial production rebounded in August from a Hurricane Beryl–related slide a month earlier, reflecting a pickup in manufacturing and mining output.

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