Output by US industries fell 1.3 percent last month amid continued supply constraints hindering manufacturing, the Federal Reserve reported Monday.
Declines were apparent across multiple categories, but stark in the auto sector, with production of motor vehicles and parts falling 7.2 percent "as shortages of semiconductors continued to hobble operations," the central bank said.
And after reporting a gain in August that returned total output in the world's largest economy to its pre-pandemic level, the Fed revised the data to instead show a decline. Mining, including oil drilling, plunged 2.3 percent, while cooler weather contributed to the 3.6 percent drop in utilities output.
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