Despite modest gains, Wells Fargo Economics warn that concentrated growth and policy uncertainty could limit expansion through year-end

The U.S. manufacturing sector is seeing a glimmer of hope in an otherwise lackluster industrial landscape with its third consecutive monthly gain above the 100 index level posted in August. However, economists at Wells Fargo caution that the recovery remains fragile, driven by a handful of industries while broader uncertainty continues to weigh on expansion prospects, according to a recently released report from the Economics Group of Wells Fargo.

Industrial production managed a slim 0.1 percent increase in August, defying expectations for a second consecutive monthly decline, according to the monthly report. But the modest headline figure masks underlyi

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