US manufacturing output rose above expectations of 0.2% gain in August with a 0.6% gain following the -0.4% drop seen the month before, according to the US Federal Reserve. However, trade conflicts and worsening global economic conditions continue to place pressure on the industry, with the outlook for factories remaining dim. • Manufacturing output in the US rebounded from -04% in July to 0.6% in August, above expectations of a 0.2% gain. • Capacity utilization rose to 75.7% in August from 75.4% in July, indicating a slight increase in factories using their full resources. • Production at factories in August on an ... (full story)