Demand for cars and carmakers has resulted in a rise of 0.5% in US industrial output for the month of July - boosted by the US Government’s Car Allowance Rebate System (CARS), branded the “cash for clunkers” scheme.The rise was the first in 9 months and exceeded analysts forecasts.The rise in industrial output was also [...]
More: ‘Cash for Clunkers’ scheme boosts US industrial output