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| Version 0 | Version 1 |
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| US industrial output edges higher | US industrial output edges higher |
| (21 minutes later) | |
| The output of US factories, mines and power plants rose by 0.2% in July, driven by a 3.6% rise in the production of motor vehicles compared with June. | The output of US factories, mines and power plants rose by 0.2% in July, driven by a 3.6% rise in the production of motor vehicles compared with June. |
| The growth was faster than had been expected, but slower than the previous month, when output grew by 0.4%. | The growth was faster than had been expected, but slower than the previous month, when output grew by 0.4%. |
| While manufacturing performed well in July, the output of electricity and gas plants fell by 1.9% after a strong increase the previous month. | While manufacturing performed well in July, the output of electricity and gas plants fell by 1.9% after a strong increase the previous month. |
| The US housing housing slump also resulted in lower furniture production. | |
| Analysts said the rise in vehicle production and parts compared to June was more to do with the reopening of a major parts plant after a strike, rather than a recovery of the industry. | |
| With disposable income being squeezed, sales of cars and trucks have fallen significantly. The figures reflected this, with automotive production in July 10.4% lower than a year earlier. |