U.S. Industrial Production Declined in September

Thanks to an aircraft machinists strike, the Gulf Coast hurricanes, and the Fed's restrictive monetary policy, output fell by 0.3%, after rising 0.3% in August.

By Mark Niquette | October 17, 2024 at 09:25 AM

Photo: A worker carries out maintenance on the wing of a Boeing Co. 777-300ER aircraft, operated by Air France-KLM, during its refitting at the Air France Industry hangar at Orly Airport in Paris, France, on September 27, 2022. Photographer: Nathan Laine/Bloomberg.

U.S. industrial production fell in September, restrained by a decline in factory output that reflected a strike at Boeing Co. and two hurricanes.

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