utilities

Industrial Production Increases 0.6% for July 2012

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.

Industrial Production Declines -0.1%, Capacity Utilization Drops for May 2012

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.

Industiral Production Pops Up 1.1% on Utilities for April 2012 - Auto Manufacturers on Fire

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.

Industrial Production Shows No Growth...Again for March 2012

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.

 

Shutting off the Power and Other Bad News

Ah, utility companies are shutting off the power as more people cannot pay their bills.

In Pennsylvania, PPL Corp. increased shutoffs by 78% in the first three quarters of the year compared with the same period a year earlier
....
In Memphis, Tenn., the city-owned utility that supplies electricity, natural gas and water to residents cut off 38% more people in the first eight months of the year

and Bankruptcies pass 100k now equal to 2005.

Bear in mind that when the MNBA bill, oops I mean bankruptcy reform passed in 2005, this stopped many people from being able to get out of their debts.

If that's not enough:

Auto Sales worse since 1945

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