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Industrial Production

AP News | Equities.com |

The Federal Reserve said Tuesday that U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life.

The slight uptick followed gains of 3.5% in July and 6.1% in June, when the industrial sector knocked down by the pandemic began to rebound.

For August, manufacturing rose 1% but mining, whi...