Industrial Production + Manufacturing + Capacity Utilization During September 2017

The Industrial Production, Manufacturing and Capacity Utilization numbers for September 2017 were released by the Federal Reserve this morning:

Industrial Production:
Predicted: +0.2%
Actual: +0.3%

Manufacturing:
Predicted: +0.4%
Actual: +0.1%

The yellow-highlighted percentages represent the month-to-month change in manufacturing, and physical output from mining operations, utility plants and factories for the entire United States.

Capacity Utilization Rate:
Predicted: 76.2%
Actual: 76.0% 

The Capacity Utilization Rate represents the use of available resources at mining operations, utility plants and factories for the entire United States last month.

The "predicted" figures are what economists were expecting, while the "actual" is the true or real figure.

From today's report:

"...Industrial production rose 0.3% in September. The rates of change for July and August were notably revised; the current estimate for July, a decrease of 0.1%, was 0.5 percentage point lower than previously reported, while the estimate for August, a decrease of 0.7%, was 0.2 percentage point higher than before. The estimates for manufacturing, mining, and utilities were each revised lower in July. The continued effects of Hurricane Harvey and, to a lesser degree, the effects of Hurricane Irma combined to hold down the growth in total production in September by 1/4 percentage point. For the third quarter as a whole, industrial production fell 1.5% at an annual rate; excluding the effects of the hurricanes, the index would have risen at least 1/2%..."

• Click here to view the full Federal Reserve report

 

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <