Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
8/15/2012 10:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Industrial Production Rises in July

Industrial production increased 0.6% in July, the Federal Reserve said Wednesday.

The rise in activity at factories, mines and utilities followed a revised 0.1% gain in June that was originally reported as a 0.4% gain.

Economists had projected a 0.5% increase, Bloomberg reported.

Manufacturing, which makes up 75% of the total, rose 0.5%.

Production of motor vehicles climbed 3.3% in July after a 1.9% increase the month before.

Factory production excluding autos increased 0.2%.

Capacity utilization, which measures plant output, increased to 79.3%, from 78.9% in June.

Manufacturing accounts for about an eighth of the U.S. economy and the factory sector is one of trucking’s largest and most important customers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement