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The weakness in manufacturing in August was widespread. Production fell at factories making machinery, computers, airplanes and furniture. Even with the August decline, output at manufacturing plants is still 20.7 percent above the recession low hit in June 2009. Output in mining, which also includes oil and gas production, fell 1.8 percent in August compared to July with much of that weakness attributed to precautionary shutdowns of oil and gas rigs in the Gulf of Mexico in advance of Hurricane Isaac in late August. Output at the nation's utilities dropped 3.6 percent in August after posting a 1.3 percent increase in July.
[Associated
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