​US Industrial Production Is Flat YoY In August, Despite Surge In Auto Production – Tyler Durden

US Industrial Production Is Flat YoY In August, Despite Surge In Auto Production After a significant decline in July, US Industrial Production rebounded dramatically in August, rising 0.8% MoM (as July was revised down from -0.6% to -0.9% MoM). That lifted Industrial Production back up to unchanged on a YoY basis… Source: Bloomberg Manufacturing also soared 0.9% MoM, lifting the YoY print to +0.2%… Source: Bloomberg Most major market groups posted gains in August, with the jump in the output of motor vehicles and parts contributing to the strength recorded across a variety of categories. The index for consumer goods…  — Continue at ZeroHedge News : Read More