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U.S. industrial production increased by 0.7 percent in September, led by a 3.5 percent rise in utilities output, while motor vehicle production fell by 3 percent.
Mike Shedlock, author and blogger at MishTalk, reported the latest figures highlighting the divergence between utilities and motor vehicles in September.
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Shedlock has previously covered trends affecting U.S. markets, including his report on the consumer sentiment current conditions index falling to a record low. He also questioned the logic behind U.S. imports of Russian diesel while the nation continues to export significant volumes each month. These topics reflect Shedlock’s ongoing focus on key economic indicators and trade issues.