Industrial production increased slightly in September, climbing 0.1% after a 0.3% drop in August.
August total construction spending came in at a $2.169 trillion rate, the third consecutive monthly increase. While total spending was up 0.2% compared to July, spending was down 1.6% compared to last August. Spending has now declined on a year-over-year basis for seven consecutive months.
After sliding for the better part of the last year, North American (U.S./Canada) shipments of tractors and combines improved in September. Tractor and combine shipments totaled 20,057 units, up 13.1% from August and were up 4.1% last September.
After sliding for the better part of the last year, North American (U.S./Canada) shipments of tractors and combines improved in September. Tractor and combine shipments totaled 20,057 units, up 13.1% from August and were up 4.1% last September.
