Industrial Production + Manufacturing + Capacity Utilization During August 2019

The Industrial Production, Manufacturing and Capacity Utilization numbers for August 2019 were released by the Federal Reserve this morning:

Industrial Production:
Predicted: +0.2%
Actual: +0.6%

Manufacturing:
Predicted: +0.1%
Actual: +0.5%

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: 77.6%
Actual: 77.9% 

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 0.6 percent in August after declining 0.1 percent in July. Manufacturing production increased 0.5 percent, more than reversing its decrease in July. Factory output has increased 0.2 percent per month over the past four months after having decreased 0.5 percent per month during the first four months of the year. In August, the indexes for utilities and mining moved up 0.6 percent and 1.4 percent, respectively. At 109.9 percent of its 2012 average, total industrial production was 0.4 percent higher in August than it was a year earlier. Capacity utilization for the industrial sector increased 0.4 percentage point in August to 77.9 percent, a rate that is 1.9 percentage points below its long-run (1972–2018) average..."

===============

• Click here to view the full Federal Reserve report

===============

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