Go to article >>

U.S. industrial production decreased 0.3 percent in January, following a 0.6 percent increase in December. In January, manufacturing output moved up 0.2 percent, and mining output jumped 2.8 percent. The index for utilities fell 5.7 percent, largely because unseasonably warm weather reduced the demand for heating. At 104.6 percent of its 2012 average, total industrial production in January was at about the same level as it was a year earlier. Capacity utilization for the industrial sector fell 0.3 percentage point in January to 75.3 percent, a rate that is 4.6 percentage points below its long-run (1972–2016) average.

Market Groups

In January, most of the major non-energy market groups recorded increases, but the drop in the output of utilities contributed substantially to losses in the overall indexes for consumer goods, business

 

From Industrial Distribution

 

Privacy Policy | Terms of Use | Communication Policy | Copyright © 2015 HARDI - Heating Air-conditioning & Refrigeration Distributors International. All rights reserved.