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LATEST US DATA

Industrial output, retail sales take a hit from Harvey's fury

Overall industrial production down 0.9% in August; retail sales dip 0.2%

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US industrial output fell in August for the first time since January as Hurricane Harvey battered oil, gas and chemical plants along the Gulf Coast and a cool summer sapped utility demand in the east, the Federal Reserve said on Friday. The storm also took its toll on retail sales which posted its biggest drop in six months

Washington

US industrial output fell in August for the first time since January as Hurricane Harvey battered oil, gas and chemical plants along the Gulf Coast and a cool summer sapped utility demand in the east, the Federal Reserve said on Friday. The storm also took its toll on retail

sentifi.com

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