FOREX TradingCharts.com

Financial News: U.S. Industrial Production Rises More Than Expected In

U.S. Industrial Production Rises More Than Expected In August

09/14/2018 - 09:43:00 (RTTNews)

(RTTNews) - A report released by the Federal Reserve on Friday showed U.S. industrial production rose by slightly more than expected in the month of August.

The Fed said industrial production climbed by 0.4 percent in August, matching the upwardly revised increase in July.

Economists had expected production to rise by 0.3 percent compared to the 0.1 percent uptick originally reported for the previous month.

The bigger than expected increase in production was partly due to a jump in utilities output, which surged up by 1.2 percent in August after inching up by 0.1 percent in July.

Mining output also climbed by 0.7 percent for the second straight month, while manufacturing output edged up by 0.2 percent in August after rising by 0.3 percent in July.

The Fed said the modest increase in manufacturing output reflected a 4.0 percent spike in the production of motor vehicles and parts.

The report also said capacity utilization for the industrial sector rose to 78.1 percent in August from a revised 77.9 percent in July. Capacity utilization had been expected to rise to 78.2 percent.

Capacity utilization in the manufacturing sector inched up to 75.8 percent, while capacity utilization in the mining and utilities sectors edged up to 92.0 percent and 78.0 percent, respectively.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Thailand Central Bank Holds Key Rate Steady Again (05 hr(s), 15 min(s), 55 sec(s) ago)
(RTTNews) - Thailand's central bank kept its interest rate unchanged on Wednesday, as policyma ...Full Story»

U.S. Housing Starts Spike In August But Building Permits Slump (06 hr(s), 10 min(s), 55 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story»

UK Inflation Rises Unexpectedly In August (06 hr(s), 38 min(s), 55 sec(s) ago)
(RTTNews) - UK inflation rose unexpectedly in August, squeezing consumers' disposable income e ...Full Story»

U.S. Housing Starts Jump Much More Than Expected In August (06 hr(s), 39 min(s), 55 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story»

UK Inflation At 6-Month High (06 hr(s), 49 min(s), 55 sec(s) ago)
(RTTNews) - Amended headline, intro and second paragraph of the story UK inflation rose to a ...Full Story»

Poland Industrial Production Growth, Producer Prices Inflation Slows In August (06 hr(s), 53 min(s), 55 sec(s) ago)
(RTTNews) - Poland's industrial production growth slowed sharply in August, after a surge in t ...Full Story»

Italy July Current Account Surplus Rises (07 hr(s), 36 min(s), 55 sec(s) ago)
(RTTNews) - Italy's current account surplus for July grew from the same period last year, larg ...Full Story»

Eurozone Construction Output Rises At Slower Pace (08 hr(s), 13 min(s), 55 sec(s) ago)
(RTTNews) - Eurozone construction output grew at a slower pace in July reflecting contraction in c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Thailand Central Bank Holds Key Rate Steady Again

09/19/2018 - 10:04 AM (RTTNews)
(RTTNews) - Thailand's central bank kept its interest rate unchanged on Wednesday, as policyma ...Full Story>>

U.S. Housing Starts Spike In August But Building Permits Slump

09/19/2018 - 09:09 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story>>

UK Inflation Rises Unexpectedly In August

09/19/2018 - 08:41 AM (RTTNews)
(RTTNews) - UK inflation rose unexpectedly in August, squeezing consumers' disposable income e ...Full Story>>

U.S. Housing Starts Jump Much More Than Expected In August

09/19/2018 - 08:40 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Wednesday showed a sharp increase in n ...Full Story>>

UK Inflation At 6-Month High

09/19/2018 - 08:30 AM (RTTNews)
(RTTNews) - Amended headline, intro and second paragraph of the story UK inflation rose to a ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.