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Manufacturing Industry in the U.S. Gains Slightly During September

Posted 5:56 PM by

As the global economy continues to struggle with the European debt crisis, U.S. manufacturing is starting to feel the effects. Per a Fox Business article, Factory output up modestly, inflation looks in check, the Federal Reserve reported only a 0.2% increase in factory outputs for the month of September. 

While this was a gain for the month, it failed to balance out the decline that occurred in August (-.09%). However, inflation measures for September remained steady. 

About the Author

Justin Hayes is a director in Katz, Sapper & Miller’s Audit and Assurance Services Group as well as being a member of the Not-for-Profit and Governmental Services Groups. Justin works with clients to help them avoid risk and maximize efficiencies by keeping an eye on their bottom line and helping ensure accurate financial reporting. Connect with him on LinkedIn.

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