Keeping you up to date on the latest data releases.
- Industrial Production
Industrial production rose 0.4 percent in August. Manufacturing production increased 0.7 percent and the three-month annualized growth rate for overall manufacturing production increased from 0.9 percent to 2.6 percent. When examining both durable and nondurable goods in the manufacturing sector, durable goods increased 1.2 percent and nondurable goods increased 0.1 percent. Within the manufacturing durable goods sector, motor vehicle and parts increased 5.2 percent. Within the manufacturing nondurable goods sector, utilities production decreased 1.5 percent and mining output rose 0.3 percent after experiencing an increase of 2.0 percent in July. The overall capacity utilization increased 0.2 percentage points to 77.8 percent.