US industrial production rises 0.1% in August, more than expected

A Industry productionl two USA rose 0.1% in August compared to July, according to data published by Fed (Federal Reserve), Central Bank, on Tuesday (16).

The result contradicted the expectation of analysts consulted by FACTSET, which provided for 0.1%.

The July production data was revised downward, a monthly drop of 0.1% to 0.4% contraction.

The rate of use of installed capacity remained between July and August, at 77.4%. The July data was revised from 77.5% to 77.4%.