Data Updates

Data Updates

Keeping you up to date on the latest data releases.

April 2014

  • 10.17.2011
  • Industrial Production
  • Industrial production increased 0.2 percent (nonannualized) in September, following downwardly revised estimates in August (up 0.2 percent to flat) and July (up 1.1 percent to 0.9 percent). On a year-over-year basis, overall production is up 3.2 percent, continuing to decelerate from its recent cyclical high of 7.7 percent in May 2010, but remains above its 25-year growth rate of 2.2 percent. Manufacturing production climbed up 0.4 percent in September and has risen at an annualized rate of 5.8 percent over the past three months, compared to its 12-month growth rate of 3.9 percent. After stripping out motor vehicles production, manufacturing output rose 0.3 percent in September after a 0.3 percent gain in August. Outside manufacturing, mining production continued to post strong gains, jumping up 0.8 percent in September and is now up 5.2 percent on a year-over-year basis (for comparison, the 10-year growth rate in mining output is 0.6 percent). Electric and gas utilities output slipped down 1.8 percent in September, following up a 2.9 percent decline in August. Capacity utilization edged up 0.1 percentage points to 77.4 percent of capacity in September and has steadily improved from its recent cyclical low of 67.3 percent in June 2009.