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US factory output unexpectedly declines 0.3% in August as manufacturing cools

💰 US Factory Output Unexpectedly Declines 0.3% in August

Published by OOPSONLINE.IN · Source: Moneycontrol · 1 min read · · Updated

What actually happened

US manufacturing output fell 0.3 percent in August, marking its first decline this year as business equipment production cooled and manufacturers faced higher input costs.

Key points

  • US manufacturing output fell 0.
  • 3 percent in August, marking its first decline this year as business equipment production cooled and manufacturers faced higher input costs.

Summary based on data provided by Moneycontrol. Full article available at the original publisher.

  • #business
  • #factory
  • #output
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