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Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. Mining capacity also revised down and is now expected to decline 2.1 percent; it had been expected to expand 2.9 percent. Any modifications to the methods for estimating the output of an industry will affect the index from 1972 to the present. Capacity utilization for the industrial sector increased 3.5 percentage points to 68.6 percent in June, a rate that is 11.2 percentage points below its long-run (1972–2019) average but 1.9 percentage points above its trough during the Great Recession. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Board of Governors of the Federal Reserve System (US), Chart of the day: Industrial production up 13% YoY in April. This is said to be attributed to the strong … This downward revision primarily reflects a reduction in capacity for oil and gas extraction.
Industrial Production Yardeni Research, Inc. May 25, 2020 Dr. Edward Yardeni 516-972-7683 eyardeni@yardeni.com Debbie Johnson 480-664-1333 djohnson@yardeni.com Mali Quintana 480-664-1333 aquintana@yardeni.com Please visit our sites at … FRED Blog The index for oil and gas well drilling fell 18.0 percent in June and was about 70 percent below its year-earlier level. In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation.The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only.
[1] The proportion data are the relative weights for the rates of change for each series in the computation of the change in total industrial production in the following year. The weights for market-group splits of the industry-level indexes will be updated with information from the 2012 benchmark input-output accounts from the U.S. Bureau of Economic Analysis.
For the second quarter as a whole, the index fell 42.6 percent at an annual rate, its largest quarterly decrease since the industrial sector retrenched after World War II.
This interactive chart tracks the Federal Reserve's Industrial Production Index, which measures real output for all facilities located in the United States manufacturing, mining, and electric, and gas utilities (excluding those in U.S. territories).
The updated IP indexes will include revisions to the monthly indicator (either product data or input data) and to seasonal factors for each industry. The latest comprehensive information for - China Industrial Production - including latest news, historical data table, charts and more. The chart above is an excellent starting point for evaluating the relevance of the four indicators in the context of two very different recessions. The Industrial Production Index (INDPRO) is an economic indicator that measures real output for all facilities located in the United States manufacturing, mining, and electric, and gas utilities (excluding those in U.S. Measured from the fourth quarter of 2019 to the fourth quarter of 2020, capacity for the industrial sector is now expected to be flat, whereas previously it was estimated to rise 1.3 percent.
The major market groups posted broad-based gains in June, but each still remained below its pre-pandemic level. Interactive Chart US Industrial Production Index is at a current level of 97.46, up from 92.45 last month and down from 109.28 one year ago. FRASER Historical Document
One Federal Reserve Bank Plaza,
This chart shows the number of tanks and self-propelled guns produced from 1939 to 1945. FRED Blog The gain in capacity for utilities, at 3.2 percent, is only 0.1 percentage point lower than previously estimated.
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Industrial Production chart