15-09-2016 15:15 via feedproxy.google.com

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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