Open Demo Account
Home / Market Update / US Factory Production Declines in September

US Factory Production Declines in September

M. Ali 16 October, 2020 10:17 pm Market Update

Factory production in the United States declined in September, against market expectations.

Manufacturing production decreased by 0.3% last month, according to data by the US Federal Reserve released on Friday.

August’s reading was revised to indicate that factory production increased by 1.2% not just 1% as initially estimated.

Tags

Check Also

Bitcoin Rebounds Above $93,000 on Regulatory Tailwinds and Fed Cut Hopes

Bitcoin surged back above the $93,000 mark on Wednesday, recovering sharply from Monday’s steep drop …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends