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U.S. Manufacturing Falls 0.3% in August After 7-Month Growth Streak

U.S. manufacturing output fell 0.3% in August, ending a seven-month growth streak and missing expectations for a 0.3% gain, while overall industrial production remained unchanged. The decline was driven by a 0.5% drop in durable manufacturing output and weakness in business-equipment production.
LucasBennett·09-18 15:04
U.S. Manufacturing Falls 0.3% in August After 7-Month Growth Streak