Industrial Production, Capacity Utilizatin In Line With Consensus

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Economic Update: Industrial Production & Capacity Utilization

The Federal Reserve reported that U.S. Industrial Production for the month of July rose by +0.6%, which was in line with the consensus for a +0.6% reading.

Prior Reports for comparison:

• June: +0.4%
  
• May: -0.2%
  
• April: +1.0%
  
• March: -0.6%
  
• February: +0.0%
  
• January: +0.4%
  
• December: +0.8%
  
• November: -0.3%
  
• October: +0.7%
  
• September: -0.2%
  
• August: +0.2%

The nation’s factories reported that Capacity Utilization came in at 79.3%, which was also in line with the expectations for a reading of 79.3.

Prior Reports for comparison:

• June: 78.9%
  
• May: 78.7%
  
• April: 79.2%
  
• March: 78.4%
  
• February: 78.7%
  
• January: 78.8%
  
• December: 76.0%
  
• November: 77.8%
  
• October: 78.0%
  
• September: 77.4%
  
• August: 77.4%
  
• July: 77.3%

Other stories on the US Economy to review:

• Empire Manufacturing Dives in August
  
• CPI Remained Flat in July
  
• Retail Sales Rebound in July
  
• PPI Hotter Than Expected in July
  
• NFIB Small Business Optimism Sags
  
• Wholesale Inventories Decline - And Yes, you should Care
  
• Q2 Worker Productivity and Labor Costs Rise
  
• ISM Services Perks Up
  
• Job Growth Improves in July
  
• Factory Orders Miss Mark in June
  
• Challenger Planned Job Cuts Drop in July
  
• ISM Manufacturing Still Sub-50 in July
  
• ADP Employment Report Surprises to Upside in July
  
• Consumer Confidence Perks Up in July, But...
  
• Chicago PMI Headline BTE, But Employment Dives
  
• Personal Income Up, Spending Flat in June
  
• GDP Slows to 1.5% in Q2
  
• Pending Home Sales Down in June
  
• Durable Goods Up on Transportation Orders
  
• Markit's Flash Manufacturing PMI Weakest in 19 Months
  
• Philly Fed Down Again in July
  
• LEI Falls Again in June
  
• Existing Home Sales Fall in June
  
• Housing Starts Higher, Permits Lower in June

 

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