Autos buoy U.S. industrial output; consumer sentiment dips
U.S. industrial output advanced at its strongest pace in eight months in July as auto production surged, another bullish sign for third-quarter economic growth that boosts the prospects of a Federal Reserve interest rate hike next month. While other data on Friday showed a dip in consumer sentiment early this month, households were upbeat about their personal finances, a good omen for consumer spending. "It adds to the steady drum-beat of solid indicators that suggest the economy is getting
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