Sept factory output rises marginally, utilities dip
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
US industrial production barely rose in September as a rebound in manufacturing output was offset by a decline in utilities production, suggesting a moderate acceleration in economic growth in the third quarter.
The Federal Reserve said on Monday industrial output edged up 0.1 per cent last month after a downwardly revised 0.5 per cent decline in August.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts