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U.S. Industrial Production Fell 0.4% in August

Wall Street Journal (09/15/15) Anna Louie Sussman; Ben Leubsdorf

Industrial production declined a seasonally adjusted 0.4% in August from July, according to the U.S. Federal Reserve, marking the sixth time in eight months that the measure fell from the previous month. Capacity utilization, which measures industrial slack, declined to 77.6% in August from 78.0% in July. Economists polled by the Wall Street Journal had forecast a production decline of 0.2% in August and capacity utilization of 77.8%.