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Industrial production in the U.S. rose 0.4 percent in June, according to the Federal Reserve.
Manufacturing output moved up 0.2 percent. The index for mining gained 1.6 percent in June, slightly below its pace in May. The index for utilities remained unchanged. For the second quarter as a whole, industrial production advanced at an annual rate of 4.7 percent, primarily as a result of strong increases for mining and utilities.
Manufacturing output rose at an annual rate of 1.4 percent, slightly slower than in the first quarter. At 105.2 percent of its 2012 average, total industrial production in June was 2 percent above its year-earlier level.
Capacity utilization for the industrial sector increased 0.2 percent in June to 76.6 percent, a rate 3.3 percent below its long-run (1972-2016) average.