The Housing Chronicles Blog: June industrial production rebounded 0.6 from May, up 3.8 percent year-on-year

Tuesday, July 17, 2018

June industrial production rebounded 0.6 from May, up 3.8 percent year-on-year


Industrial production rose 0.6 percent in June after declining 0.5 percent in May. For the second quarter as a whole, industrial production advanced at an annual rate of 6.0 percent, its third consecutive quarterly increase.

At 107.7 percent of its 2012 average, total industrial production was 3.8 percent higher in June than it was a year earlier. Capacity utilization for the industrial sector increased 0.3 percentage point in June to 78.0 percent, a rate that is 1.8 percentage points below its long-run (1972–2017) average.


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