WASHINGTON, July 15 — A shortage of semiconductors hampered US auto production in June, contributing to worse-than-expected factory output, the Federal Reserve reported today.
Manufacturing fell 0.1 per cent due to the shortage of the computer chips that are used across industries, and which caused automakers to idle factories in recent months. The data showed industries including nonmetallic mineral products as well as electrical equipment, appliances and components saw production fall more than one per cent last month.
Mining rose 1.4 per cent, while utilities output gained 2.7 per cent, which the Fed attributed to increased use of air conditioning as summer arrived.
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