US factory production rose at healthy pace in August

U.S. factory output increased in August at a solid clip, reversing a sharp drop in July, as production of metals, machinery and chemicals all rose. The Federal Reserve said manufacturing production climbed 0.5 percent last month, after a 0.4 percent drop in July. Despite the improvement, manufacturers will likely continue to struggle. Factories have been hit by ...

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US factory production rose at healthy pace in August

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