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Industrial Production Rises 3.0% in July

August 14, 2020 at 06:33PM

Industrial production increased 3.0% in July after rising 5.7% in June. Industrial production still remains 8.4% below pre-pandemic levels. Manufacturing output increased 3.4% in July.  Durables manufacturing rose 5.5% and nondurable manufacturing rose 1.3%, with increases in textile and product mills (3.4%) and for petroleum and coal products (5.0%). Mining output rose 0.8% in July […]

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