Industrial production increased in July, the Federal Reserve reported on Tuesday. The Federal Reserve reports that output at the nation's factories, mines and utilities increased 1.0 percent last month. But, it says June's results were revised to a loss of 0.1 percent. Factory output grew by a strong 1.1 percent in July, helped by auto plants that kept operating when they normally shutter for summer renovations. Factories are the largest single component of industrial production.
