Industrial Production Up 0.6% in August

摘要

Industrial production rose 0.6% in August after declining 0.1% in July, according to the latest data from the Federal Reserve. Manufacturing output rose 0.5% in August, as the indexes for durables and for nondurables increased while the index for other manufacturing (publishing and logging) edged down. Production rose for most major categories within durable manufacturing. The largest gains were recorded by machinery, primary metals, and nonmetallic mineral products; the only sizable decline was recorded by motor vehicles and parts. The gain of 0.5% for nondurables reflected strength in plastics and rubber products and in chemicals; the other major nondurable goods industries registered either declines or very small increases.