Keeping you up to date on the latest data releases.
- Industrial Production
Industrial production increased 0.6 percent in February and manufacturing production increased 0.8 percent. Breaking down the manufacturing sector into durable and nondurable goods, durable and nondurable goods production rose 0.9 and 0.7 percent, respectively. The largest gain in the durable goods sector occurred in auto production. Output of motor vehicles and parts increased 4.8 percent. Utilities production fell 0.2 percent while mining production rose 0.3 percent. The overall capacity utilization rate increased to 78.8 percent.