Industrial Production Declines 0.1% in August
Industrial production declined 0.1
percent in August after an increase of 0.4 percent in July. Manufacturing output
was unchanged in August; it advanced an upward-revised 0.4 percent in July. The
output at utilities fell in August, as temperatures returned to more-normal
levels. Production at mines moved down after increasing in the previous four
months. Capacity utilization for total industry fell to 82.4 percent in August.
Even so, the utilization rate was more than 2 percentage points above its level
in August 2005 and 1.4 percentage points above its 1972-2005 average.
The output of
consumer goods edged up 0.1 percent in August. An increase of 1.2 percent
in the production of durable consumer goods ...