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Manufacturing output rose 0.7 percent in January after having increased 1.5 percent in December; the level of output in January was 4.5 percent above its year-earlier level. Capacity utilization for manufacturing moved up 0.5 percentage point to 77.0 percent, a rate 1.9 percentage points below its long-run average.
The production of durable goods advanced 1.8 percent in January. The output of motor vehicles and parts surged 6.8 percent following an upwardly revised increase of 3.8 percent in December. In January, gains of more than 1.0 percent were recorded for fabricated metal products; machinery; computer and electronic products; electrical equipment, appliances, and components; furniture and related products; and miscellaneous manufacturing. The output of aerospace and miscellaneous transportation equipment edged up 0.1 percent, while production decreased for wood products, nonmetallic mineral products, and primary metals.
Nondurable manufacturing declined 0.2 percent in January after having advanced 1.5 percent in December. The decrease in production in January reflected drops in output for food, beverage, and tobacco products and for petroleum and coal products. The production indexes for apparel and leather products and for printing and support moved up more than 1 percent, while the indexes for textile and product mills, for paper, for chemicals, and for plastics and rubber products recorded smaller increases. The output of non-NAICS manufacturing industries (publishing and logging) decreased 0.1 percent.
In January, mining output fell 1.8 percent, its first decline since February 2011; capacity utilization decreased to 91.5 percent, a rate 4.1 percentage points above its long-run average. The output of utilities declined 2.5 percent after having fallen a similar amount in December. The operating rate for utilities dropped to 74.6 percent in January.
Capacity utilization rates in January at industries grouped by stage of process were as follows: At the crude stage, utilization fell 1.0 percentage point to 89.9 percent, a rate 3.5 percentage points above its long-run average; at the primary and semifinished stages, utilization decreased 0.4 percentage point to 74.9 percent, a rate 6.2 percentage points below its long-run average; and at the finished stage, utilization increased 0.8 percentage point to 78.1 percent, a rate 0.8 percentage point above its long-run average.
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