WASHINGTON — U.S. industrial production edged up 0.1% in August as strength in the defense and aerospace industries offset widespread weakness elsewhere, the government reported Tuesday.
The Federal Reserve Board said the August increase followed a gain of 0.3% in July. The July performance had originally been reported as a 0.1% decline, but analysts said revised data showed slightly stronger activity since May than had originally been reported.
The revisions left May with a 0.4% decline and showed activity holding steady in June rather than the 0.3% drop originally reported for that month.
Still, analysts said the industrial production figures painted a picture of a sluggish U.S. manufacturing sector.
The 0.1% August rise left the industrial production index at 124.8% of its 1977 base of 100. Much of the strength came from a 1.4% rise in production at defense and aerospace plants, putting this category 5.1% higher than a year ago.