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Industrial production gets short-lived boost from cars, but U.S. manufacturers still depressed - MarketWatch

1. Industrial production rose 0.8% in August, surpassing predictions. 2. Automobile sector drove gains; overall manufacturing remains weak. 3. Capacity utilization increased to 78.0%, still below long-term average. 4. Boeing faces strike risks that may impact production levels. 5. Declining interest rates may eventually support manufacturing growth.

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FAQ

Why Bearish?

Boeing's potential strike and ongoing manufacturing weakness signal caution. Historical examples show labor strikes can disrupt production significantly.

How important is it?

The article highlights risks to Boeing's production and related market sentiment, impacting stock prices.

Why Short Term?

If the Boeing strike continues, short-term production could be affected. Recent trends show strikes lead to immediate operational hurdles.

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