U.S. factory production was unchanged in September as manufacturing remained constrained by tariffs on imports.
The flat reading in manufacturing output reported by the Federal Reserve on Wednesday followed an unrevised 0.1% gain in August. Economists polled by Reuters had forecast production for the sector, which accounts for 10.1% of the economy, ticking up 0.1%. Production at factories increased 1.5% on a year-over-year basis in September.
Source : Reuters.com