Market Update | October 20th 2021

U.S. industrial production fell for the second consecutive month in September. A variety of factors have contributed to the decline in production of durable goods. The lingering effects of Hurricane Ida are still affecting mining. While prolonged disruptions in the automobile industry have caused declines in motor vehicle production. Raw material inputs are also feeling the impact of supply disruptions due to natural disasters, increasing demand, and foreign holidays.

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