MDM Premium
Need Help?
(888) 742-5060

In The News:

Industrial Production Bounces Back Post-Sandy

December 14, 2012
Reprints
A A

Industrial production increased 1.1 percent in November after falling 0.7 percent in October, according to the Federal Reserve. The gain in November is estimated to have largely resulted from a recovery in production for industries that were negatively affected by Hurricane Sandy, which hit the Northeast region in late October.

Manufacturing output in November increased 1.1 percent after having decreased 1 percent in October. In addition to the storm-related rebound, a sizable rise in the production of motor vehicles and parts boosted factory output in November. The output of utilities advanced 1 percent, and production at mines rose 0.8 percent.

At 97.5 percent of its 2007 average, total industrial production in November was 2.5 percent above its year-earlier level. Capacity utilization for total industry increased 0.7 percentage point to 78.4 percent, a rate 1.9 percentage points below its long-run (1972--2011) average.

For more information, download the pdf below.

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center