11152018Thu
Last updateWed, 14 Nov 2018 4pm

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Manufacturing & The Economy

U.S. Manufacturing Output Rose 0.3% in July

Industrial production edged up 0.1% in July after rising at an average pace of 0.5% over the previous five months. At 108.0% of its 2012 average, total industrial production was 4.2% higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1%, a rate that is 1.7% below its long-run (1972–2017) average.

Manufacturing output increased 0.3% in July and was 2.8% higher than its year-earlier level. The index for durables rose 0.4%. Within durables, most major industry groups posted increases. 

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