Industrial production declined 0.2% in September, the Federal Reserve reported Friday.
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The production decrease followed a revised 0.1% dip in August, first reported as a 0.4% decrease.
Capacity utilization fell to 77.5% in September from a revised 77.8% the previous month, first reported as 77.6%.
Economists polled by Thomson Reuters projected a 0.2% decrease for industrial production and a 77.4% capacity utilization rate.
Manufacturing output was down 0.1% in September following a 0.4% decline in August, first reported as a 0.5% dip.
Utilities’ output grew 1.3% after increasing 1.3% in August, while mining was down 2.0% after a flat read the month before.
