.comment-link {margin-left:.6em;}



Economy

Economic Data (USA)

Tuesday, October 17, 2017

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%..."
 

Labels: , , , ,


>  SITEMAP  <

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2017 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.