Chip shortages, Hurricane Ida weigh on U.S. factory output
Oct 18, 2021 · Excluding autos, manufacturing output dropped 0.3%. The Fed said Hurricane Ida, which devastated U.S. offshore energy production in late August, contributed 0.3 percentage point to the drop in manufacturing output. With autos and consumer energy products output tumbling, consumer goods production fell 1.9% last month.
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