Industrial production falls more than forecast
Industrial production fell 0.4% in August, and manufacturing reversed a gain in the prior month, according to the Federal Reserve.
Capacity utilization slipped to 75.5% from 75.9% during the prior month, the Fed's data showed.
Economists had forecast that industrial production fell 0.2% while factories used 75.7% of their capacity, according to Bloomberg.
"A decline in the August ISM manufacturing production index below the key 50 level for the first time since December 2015 and
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