Production at U.S. factories fell by the most in seven months in September, in part reflecting a sharp pullback in the manufacturing of motor vehicles as well as broader backlogged supply chains and materials shortages.
The 0.7% decrease for manufacturers followed a revised 0.4% decline in August, Federal Reserve data showed Monday. Total industrial production, which also includes mining and utility output, fell 1.3% last month.
"Factory" - Google News
October 18, 2021 at 08:17PM
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US Factory Output Declines 0.7%, Most Since February - Bloomberg
"Factory" - Google News
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