From the Federal Reserve’s G.17 Report:
Prior month revision: September growth was revised down from a gain of 1.0% to a gain of 0.8% .
Industrial production edged down 0.1 percent in October after having advanced 0.8 percent in September. In October, manufacturing output increased 0.2 percent for the second consecutive month. The index for mining declined 0.9 percent and the output of utilities moved down 0.7 percent. At 104.9 percent of its 2007 average, total industrial production in October was 4.0 percent above its level of a year earlier. Capacity utilization for the industrial sector decreased 0.3 percentage point in October to 78.9 percent, a rate that is 1.2 percentage points below its long-run (1972–2013) average.
The 0.11% fall in total production was the result of the contributions from various industries as shown in the table and charts below.
For charts and tables of individual sector growth, please visit our Latest Industrial Production Charts and Tables Page.
|U.S. Industrial Production – Major Industry Groups|
Contribution to Total Index of each Industry Group. Seasonally Adjusted.
|Total Index % Points Change|
|Monthly Change (Pts)||3-Month Change (Pts)||Year/Year Change (Pts)|
|– Manufacturing (SIC)||-0.34||0.14||0.11||1.80||1.16||-0.09||2.75||2.66||2.51|
|– – Durable manufacturing||-0.38||0.06||0.03||1.13||1.19||-0.29||2.11||1.94||1.74|
|– – Nondurable manufacturing||0.08||0.09||0.11||0.69||-0.02||0.28||0.78||0.92||0.93|
|– – Other manufacturing||-0.04||-0.02||-0.03||-0.02||-0.01||-0.08||-0.14||-0.20||-0.16|
|– Electric and gas utilities||0.07||0.38||-0.06||-0.60||-0.44||0.38||-0.05||0.08||-0.12|
|– – Electric power generation, transmn and distrn.||0.09||0.37||-0.02||-0.45||-0.40||0.43||-0.03||0.10||-0.03|
|– – Natural gas distribution||-0.02||0.01||-0.04||-0.14||-0.04||-0.05||-0.02||-0.02||-0.09|