U.S. industrial production grows
The volume of industrial production in the U.S. in July 2016 increased by 0.7% compared with the previous month, according to the U.S. Federal Reserve System (FRS). Experts on average had forecast an increase of 0.3%. According to revised data, in June, industrial production increased by 0.4%, not by 0.6% as previously reported. According to the data, in general, the share of the manufacturing sector accounts for about 12% of U.S. GDP.