Skip to content
Subscriber Only

Industrial Output Drops as Automakers Adjust Plans: Economy

Industrial production in the U.S. unexpectedly declined in August for the first time in seven months, as automakers slowed assembly lines.

Output at factories, mines and utilities fell 0.1 percent after a 0.2 percent gain the prior month that was smaller than previously reported, figures from the Federal Reserve showed today in Washington. Manufacturing declined 0.4 percent as car production slumped 7.6 percent.