Alva Review-Courier -

By Josh Boak 

US industrial production rose a solid 0.4 percent in August

 

September 14, 2018



WASHINGTON (AP) — U.S. industrial production rose by a healthy 0.4 percent in August, boosted by gains in the production of autos, oil and natural gas.

The Federal Reserve said Friday that industrial production, which includes output at factories, mines and utilities, has climbed 4.9 percent over the past 12 months. Industrial production appears on track for its strongest annual growth since 2010, when it jumped 5.5 percent as the economy began to recover from the Great Recession.

Factory production increased 0.2 percent last month, lifted by a 4 percent rise in the making of vehicles and...



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