The Federal Reserve's Factory Production report shows a measly 0.1% increase for May 2011 Industrial Production, otherwise known as output for factories and mines. Manufacturing industrial production rose 0.4% yet had dropped -0.5% in April. Japan is still affecting autos and without them, which declined -0.5%, manufacturing would have increased +0.6%. April would have been only a -0.1% drop and they note the terrible tornadoes in the South affecting manufacturing.
The Federal Reserve's Factory Production report shows a no change for April 2011 Industrial Production, or output for factories and mines. Manufacturing industrial production alone dropped 0.4% for April. Here is their detailed report. March was revised one percentage point lower to 0.7% and February had a 0.3% decrease in industrial production.
The Federal Reserve's Factory Production report shows a +0.8% increase for March 2011 Industrial Production, or output for factories and mines. Here is their detailed report. February had a 0.1% increase in industrial production. Industrial Production is still down 6.3% from pre-recession levels.
The Federal Reserve's Factory Production report shows a -0.1% decrease, for January 2011 in Industrial Production. Here is their detailed report. December had a 1.2% increase in industrial production, revised.
The Federal Reserve's Factory Production report shows a 0.0%, no change for October 2010 in Industrial Production. Here is a detailed report. It's not as bad as it sounds, manufacturing output itself increased and utilities dragged the index down. High temperatures are blamed for the drop in utilities, but myself, I cannot help but wonder if less people can afford them?
The Federal Reserve's Factory Production report shows a -0.2% decrease for September 2010 in Industrial Production. Here is a detailed report. Here's something not good, although the Fed is referring to the slowdown in growth, Industrial Production is up 3.6% for Q3 2010. Below is a quote from the report:
The index for manufacturing decelerated sharply in the third quarter
Whoop-de-do! I have no idea why some of the financial press headlines buzz industrial production has incredible gains. The Federal Reserve is publishing a 0.1% increase from last month. That ain't no blow out. Here is the detailed report.
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