Industrial production declined 0.9 percent in August following six consecutive monthly gains. Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point.
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Friday, September 15, 2017
Industrial production reported August dip, partially due to Hurricane Harvey
at 12:25 PM
Labels: Florida, Houston, Hurricane Harvey, Hurricane Irma, industrial production, Texas, U.S. economy
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