WASHINGTON — Industrial production increased 0.2% in August as utility production dropped, the Federal Reserve reported Thursday.

Capacity utilization edged up to 77.4% from 77.3% in July.

Economists expected industrial production would be up 0.1% for the month and capacity utilization would be 77.5%, according to the median estimate from Thomson Reuters.

Production rose 0.9% in July, unrevised from the initial estimate.

Manufacturing production increased 0.5% in August. Utility production fell 3.0% while mining output increased 1.2%.

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