Production at U.S. factories strengthened in July by the most in four months, rebounding above pre-pandemic levels and indicating manufacturers are coping with snarled supply chains and shortages.
The 1.4% increase followed a revised 0.3% drop in June, Federal Reserve data showed Tuesday. Total industrial production, which also includes mining and utility output, rose 0.9% in July.
"Factory" - Google News
August 17, 2021 at 08:18PM
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Factory Output in US Increased in July by More than Forecast - Bloomberg
"Factory" - Google News
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