U.S. industrial output dropped sharply in September

U.S. industrial output dropped sharply in September
·1 min read

The numbers: Industrial production fell a sharp 1.3% in September, the Federal Reserve reported Monday. The gain was below Wall Street expectations of a 0.2% gain, according to a survey by the Wall Street Journal. Adding to the sense of weakness in the data, industrial output in August was revised to a fall of 0.1% versus the prior estimate of a 0.4% gain.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting