The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production soared 0.8% in December after a November -0.7% decline. The reason for the December increase was utilities. Utilities jumped up by 6.6% on colder weather in December and very warm weather in November. Manufacturing production by itself increased 0.2% and mining was unchanged.
The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production had a 0.1% increase for September. Manufacturing production by itself increased 0.2%. The bigger news is industrial production has declined by -1.0% for the year and manufacturing by itself had no annual growth. Q3 by itself brought better tidings as industrial production rose an annualized 1.8%.
The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production had a 0.7% blowout for July. This is the largest increase since November 2014. Manufacturing production by itself increased 0.5% and was the biggest advance since July 2015. Even mining increased 0.7% for the month. Utilities' 2.1% increase was due to the very warm weather.
The Federal Reserve Industrial Production & Capacity Utilization report reversed itself from last month and had a 0.7% blowout. March though was revised downward to a -0.9% decline. Mining is still repressed but manufacturing showed signs of life for the month. Utilities increase due to the return to seasonal weather from last month.
The Federal Reserve Industrial Production & Capacity Utilization report declined -0.6% in March. Worse, this is the second month in a row for a -0.6% decline. More ominous is a first quarter annualized -2.2% contraction. Mining by itself had the biggest monthly decline since September 2008. It is not just energy production that is the culprit dragging down industrial production.
The Federal Reserve Industrial Production & Capacity Utilization report declined -0.5% for February on mining and utilities. More ominous is an annual -1.0% decline. January was revised to a 0.8% monthly increase. The G.17 industrial production statistical release is also known as output for factories and mines.
The Federal Reserve Industrial Production & Capacity Utilization report shows more malaise for the U.S. manufacturing sector. The bad news is industrial production dropped by a hefty -0.4% for December. Worse, November was revised downward 0.3 percentage points to a -0.9% monthly decline October also was negative, a -0.2% decline, and September showed no change.
The Federal Reserve Industrial Production & Capacity Utilization report has good news and bad news. The bad news is industrial production dropped by a hefty -0.4% for August. The better news is July was revised upward by 0.3 percentage points to a 0.9% blow out increase.
The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production soared by 0.6% as manufacturing came alive with a 0.8% increase. This is the largest gain since November 2014.
The Federal Reserve Industrial Production & Capacity Utilization report shows industrial production decreased -0.3% as gas and oil well drilling continued to decline, abet at a slower pace. This is the seventh month in a row for no increase. Mining for the month declined -0.3% and the previous four months contracted an entire percentage point on average. Manufacturing also declined for the month.
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