July Industrial Production Rises 0.2%

U.S. industrial production rose 0.2% in July, the Federal Reserve said Friday.

The improvement in production at factories, mines and utilities followed a 0.4% decrease in June.

Manufacturing, which accounts for about four-fifths of industrial production, rose 0.4% from June.

Economists had forecast no change in production levels, Bloomberg reported.

The share of industrial capacity in use rose to 79.9%, from 79.8% the previous month.

The factory sector is one of trucking’s largest and most important customers.