Posted - Filed under Industrial Production, Release Observations.

Over the past twelve months, the Industrial Production index is up by 3.19%.

IP_contribs

Click to enlarge

The September gains came mainly from Utilities (a positive contribution of 0.42%, all from the Electrical Generation and Distribution index which rose a full 5.0%. The other component of the Utilities, the Natural Gas Distribution index was unchanged.

Mining rose by 0.25%, contributing 0.04% to the overall index. This follows (revised) August growth of 0.59% and a contribution of 0.09%.

Manufacturing grew by 0.15% in September, contributing 0.11% to overall I.P, growth. Durable Goods manufacturing rose, while Non-Durable fell.

ipcumcontr_short_total

Click to enlarge

 

Revisions: August’s previously reported gain remains unchanged at 0.41%, although the components did see some change: Manufacturing Index now +0.53% in August (was +0.67%); Mining now +0.59% (was +0.31%); Utilities now -0.87% (was -1.47%).

More numbers and charts can be found in their latest form on our Industrial Production Page.