Slight growth for US leather sector
According to the Federal Reserve Bank, industrial production in the US fell 0.2% in September having risen 0.6% in August. Manufacturing production fell 0.2%, while mining rose 0.7%, utility output fell 1.9% and capacity utilisation for total industry decreased to 74.7%.
The index for nondurable goods moved up 0.1% in September having risen 0.9% in August. Food, beverage, and tobacco products posted the largest increase, although the indexes for apparel and leather, paper and chemicals also rose.