US industrial production expanded slightly in September, showing some resilience to a credit crunch that prompted a record flight by foreign investors from US assets in August.
Output at factories, mines and utilities rose 0.1% last month, in line with analysts' expectations, a Federal Reserve report indicated.
Analysts said the data suggested manufacturing is stable, with auto worker strikes pulling production down slightly.
There was little damage from the prolonged housing slump and financial turmoil that began with a meltdown in mortgage markets.
The mortgage market and credit turmoil was keenly felt in foreign demand for US assets in August, according to a report from the US Treasury.
Foreigners dumped a record net $163 billion of US securities in August, when credit fears roiled markets and forced the Fed to cut its discount rate charged on loans to banks.
