US Factory

Excluding autos, manufacturing decreased 0.6% from December, the most since March. It also marked the fourth-straight monthly decline

Total industrial production, which includes mining and utilities, jumped 1%, the most since the start of the year

President Donald Trump has defended the duties as necessary to protect American industries from what he says is unfair foreign competition

US auto sales fell 6.1% in July from a year ago

The Fed said it expected that economic activity would expand at a 'moderate pace'