US August industrial production +0.4% vs +0.5% expected
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US August 2021 industrial production data
- Prior was +0.9%
- Capacity utilization 75.3% vs 76.4% expected
- Manufacturing output +0.2% vs 1.4% prior
The motor vehicle assembly rate rose to 9.53m from 9.31m previously. There’s fear that will dip again with chip shortages causing plant shutdowns.