Industryweek 5495 Industrial Production
Industryweek 5495 Industrial Production
Industryweek 5495 Industrial Production
Industryweek 5495 Industrial Production
Industryweek 5495 Industrial Production

US Industrial Production Gains in September

Oct. 28, 2013
The manufacturing sector expanded by just 0.1%, and was up 2.6% from a year earlier.

WASHINGTON - Utility gains backed a rise in U.S. industrial production in September, while manufacturing was barely higher, Federal Reserve data showed Monday.

The Fed said industrial production rose 0.6% in the month, faster than August's 0.4% gain. Growth year-on-year was a modest 2.3%.

But most of the increase came from the utility sector, where production expanded 4.4% in part to meet an early cold snap in the West, after contracting 0.9% the month before. Utility output was up 2.5% from September 2012.

The manufacturing sector expanded by just 0.1%, and was up 2.6% from a year earlier. The automotive sector continued to be the main source of growth in manufacturing, rising 2% in September, and 11.3% year-on -year.

Industry capacity utilization rose slightly to 78.3%, due to the pickup in utility activity, while it remained flat in manufacturing, at 76.1%.

Copyright Agence France-Presse, 2013

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