U.S. industrial production rose 0.2% in July, below economists' expectations for a 0.3% increase, as manufacturing output increased 0.3% while mining was flat and utilities rose 0.1%. The Federal Reserve's report showed total industrial production at 102.5% of its 2017 average, up 1.2% from a year earlier, while capacity utilization edged up to 78.9% from 78.8% in June but remained below its long-run average of 79.6%. Within manufacturing, durable goods production rose 0.4%, led by machinery and transportation equipment, and nondurable goods output increased 0.2%. The figures pointed to continued expansion in the factory sector, though at a modest pace amid higher borrowing costs, lingering supply chain constraints and uneven export demand. The latest account differs from the existing version of the story, which had reported a 0.1% July increase and cited stronger ISM manufacturing readings and lower capacity utilization figures.