US Manufacturing Drops In July As Auto Production Slumps

Thursday, August 17, 2017
By Paul Martin

by Tyler Durden
Aug 17, 2017

Industrial Production, leaked early, rose just 0.2% MoM in July, missing expectations and slowing from last month’s 0.4% gain. Manufacturing production actually shrank (-0.1%)…

The biggest driver of the decline was a 3.6% slump in motor vehicle production…

The Rest…HERE

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