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Posted October 17, 2012

Industrial production up 0.4%

Industrial production rose 0.4 percent in September after having fallen 1.4 percent in August.


For the third quarter as a whole, industrial production declined at an annual rate of 0.4 percent. 

Manufacturing output edged up 0.2 percent in September; it fell 0.9 percent in August. The index for manufacturing moved down at an annual rate of 0.9 percent in the third quarter, its first quarterly decline since the second quarter of 2009. The factory operating rate was unchanged in September at 76.8 percent, a rate 2.0 percentage points below its long-run average.

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