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HERE COMES INDUSTRIAL PRODUCTION...

Sep 16, 2013, 18:24 IST

APThe Federal Reserve will report on August's industrial production figures at 9:15 a.m.

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Economists forecast that industrial production - which includes manufacturing, mining, and electric and gas utilities - rose 0.5% in August, after a 0% print in July.

"With purchasing managers' indexes having generally improved in August and employment data showing that aggregate hours worked in the manufacturing sector rose 0.3 percent last month, we expect industrial production to post a modest gain of 0.6 percent for August," Wells Fargo's John Silvia wrote to clients.

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