U.S. Factory Output Declines as Harvey Hits Refining, Chemicals

U.S. factory output declined in August as Hurricane Harvey curtailed oil refining and chemical production, a Federal Reserve report showed Friday. Highlights of Industrial Production (August) • Factory output fell 0.3% m/m (est. 0.3% gain) after an upwardly revised 0.4% increase • Total industr...
U.S. Factory Output Declines as Harvey Hits Refining, Chemicals