The March 2013 Federal Reserve's Industrial Production & Capacity Utilization report shows a monthly increase of 0.4% in industrial production. March's increase would have been non-existent if the weather hadn't turned cold. Utilities' output increased 3.5% for March as mining fell -0.2% and Manufacturing dropped -0.1% for the month. February was revised up to a 1.1% increase, buoyed again by utilities. Q1 2013 gives an annualized output gain of 5.0%, the largest since Q1 2012. The Q1 output gain was spurred by utilities, which by itself grew 10.5% for Q1 2013.
The January 2013 Federal Reserve's Industrial Production & Capacity Utilization report shows a monthly decline of 0.1% in industrial production. January's decline would have been much worse if the weather hadn't turned cold. Utilities' output increased 3.5% for January as mining fell 1.0%. Manufacturing alone dropped -0.4% for the month.
Hurricane Sandy has really wreaked havoc with industrial production's monthly percentage changes. Sandy wiped out almost a full percentage point of October's manufacturing production even though the storm hit New Jersey on October 29th. Manufacturing resumed in November, causing a 1.1% increase in manufacturing production.
Hurricane Sandy wiped out almost a full percentage point of industrial production even though the storm hit New Jersey on October 29th. Twenty percent of industrial production activity is in counties affected by the storm and 3-4% of industrial production related employment is in the same areas. It matters where a Hurricane hits in terms of the economy.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows a increase of 0.4% in industrial production for September 2012. This report is also known as output for factories and mines. Manufacturing increased 0.2%, mining 0.9% and utilities increased 1.5%. Oil and gas Gulf of Mexico rigs resuming are mentioned in the 0.9% output of mines increase.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows a decrease of -1.2% in industrial production for August 2012 and Hurricane Isaac is blamed for 0.3% of that decrease. This report is also known as output for factories and mines. Manufacturing declined -0.7%, mining -1.8% and utilities a whopping -3.6%.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows a 0.6% increase in industrial production for July 2012, an improvement from recent months. Manufacturing increased 0.5%, mining 1.2% and utilities 1.3%. June industrial production was revised down, from 0.4% to 0.1% and May revised up from -0.1% to 0.2%. This report is also known as output for factories and mines.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows a -0.1% decrease in industrial production for May 2012, a sign of more sluggishness for the economy. Manufacturing dropped -0.4%, mining and utilities increased their production, 0.9% and 0.8% respectively. Within manufacturing, motor vehicles & parts dropped -1.5% for May.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows 1.1% increase in industrial production for April 2012. Manufacturing increased 0.6%, mining 1.6% and utilities increased their production a whopping 4.5% in a course of a month. The April jump in utilities shows just how unusual the January to March warm weather was.
The Federal Reserve's Industrial Production & Capacity Utilization report, G.17, shows zero change in industrial production for March 2012, the second month in a row. Manufacturing dropped -0.2%, mining was up +0.2% and utilities increased +1.5%. This report is also known as output for factories and mines.
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