Industrial volume in August rose by 0.4% to the highest level in 11 months, nearing the record registered last September. The increase was stronger than expected, reflecting a boost from machinery production and mining, which increased by 2% and 1.4%, respectively. Those categories account for more ... READ MORE >
industrial production
Industrial production and housing rebound in July, affirming GDP growth outlook
Industrial production, housing starts and permits in July have set the tone for a robust third quarter, as GDP growth is expected to be stronger than the long-run level of 1.8%. Industrial production rose 1% on the month, while housing starts and permits rose 3.9% and 0.1%, respectively, according to ... READ MORE >
Mixed signals from retail sales and industrial production data ahead of Fed meeting
Underlying retail sales showed a strong increase in June while industrial production posted another sharp drop, giving mixed signals on the health of the economy heading toward a pivotal period for rate hike decisions. Both data points, released by the government on Tuesday, are key factors ... READ MORE >
Industrial production falls for the first time since June
Industrial production fell by 0.2% in August, the first decline in three months, amid a slowdown in manufacturing and a sharp drop in electricity production. At the same time, mining outputs were flat, likely driven by lower oil prices as demand stalled. After a year and a half of robust growth, ... READ MORE >
Industrial production rose in July, tempering recession fears despite housing starts drop
While a sharp drop in U.S. housing starts in July will continue to put a dent in the residential investment component of third-quarter gross domestic product, the strong bounce back of industrial production volume should temper recession fears. U.S. industrial production beat estimates last month, ... READ MORE >
Consumer sentiment eases as industrial production falls
Consumer sentiment bounced off a historical low to 51.1 in July from 50.0 in June as gasoline prices eased markedly. That resulted in lower readings for inflation expectations for both the short-term one-year outlook and the long-term five- to 10-year expectations, according to survey data released by ... READ MORE >
Chart of the day: Industrial production hits a record amid signs of a slowdown
Industrial production in the United States hit a record in May, but signs of a coming economic slowdown emerged in the report released on Friday by the Federal Reserve. Production volume overall increased by 0.2% on the month for the fifth straight monthly gain. At the same time, manufacturing ... READ MORE >
Chart of the day: Industrial production hits record
Industrial production set another record in April, defying recession concerns in equity and fixed-income markets. The Federal Reserve's index for industrial production volume rose by 0.8%, the fourth consecutive month of strong expansion, the report showed. All major industries posted gains, a sign of ... READ MORE >
Chart of the day: Industrial production hits record in March
Domestic industrial production increased by 0.9% in March, beating market forecasts despite global supply chain disruptions of key materials. Elevated levels of order backlogs and rising prices of industrial products were behind the increase, combining to give producers the extra boost to increase ... READ MORE >
Chart of the day: U.S. industrial production rebounds
A colder-than-normal January pushed industrial production up significantly as utility production rose 9.9% on the month—the highest rate on record—according to a report from the Federal Reserve on Wednesday. Overall industrial production volume, as a result, advanced by 1.4% in January from a decrease ... READ MORE >