US August industrial production +0.4% vs +0.5% expected

US August 2021 industrial production data

• Prior was +0.9%
• Capacity utilization 76.4% 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.

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September 16, 2021 at 01:15AM
Adam Button
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