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Industrial Production on the Mend

Industrial Production on the mend

According to the recent Federal Reserve report on U.S. manufacturing production, American industry sees continued growth in August for the fourth consecutive month.

Capacity utilization for the industrial sector increased 0.3 percentage point in August over July, 7.3 percentage points above its low in April.

Industry Today breaks down the Federal Reserve figures here– showing just how resilient domestic manufacturing has been.

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