April 18, 2023
US industrial production rose +0.4% m/m in March, up +0.5% from a year ago, recovering from a modest drop in 4Q22. For Q1 as a whole, production was flat q/q, up +1.0% from a year before. Total industrial capacity utilization rose slightly to 79.8% in March. US manufacturing output (a subset of industrial production) fell […]
January 18, 2023
US industrial production fell -0.7% m/m in December, its third straight month of decline. Nevertheless, production is still up +1.6% from a year ago. For Q4 as a whole, production fell -0.4% q/q, up +2.4% from a year before. For 2022 as a whole, it was up +3.9% from 2021. Total industrial capacity utilization declined […]
December 13, 2022
US industrial production fell -0.2% m/m in November. Nevertheless, production is still up +2.5% from a year ago. Total industrial capacity utilization declined to 79.7% in November. US manufacturing output (a subset of industrial production) fell -0.6% m/m in November, though it is still up +1.4% from a year ago. Manufacturing capacity utilization declined to […]