Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 16, 2012 17:08:49

U.S. - Industry in September and resumed growth more than expected


Industrial production in the U.S. in September grew by 0.4% compared to a decline of 1.4% in August. Market growth for September was estimated at 0.2% for the overall estimates range from -1 to +0.7%.
The manufacturing sector, which accounts for about 75% of total production rose in September by 0.2%.

Capacity utilization has grown from 78 in September to 78.3%.

Production of consumer goods in September, more or less stagnated. Production in the automotive sector declined by 2.5% compared to the August decline of 5.1%. Production in the manufacturing sector excluding the automotive sector rose by 0.4% compared to the August decline of 0.6%.
Production in the mining and quarrying increased by 0.9% compared to a decline of 1.6% in August.
Production in the public services sector grew by 1.5% compared to the August decline of 4.3%.
Production of business equipment rose by 0.8% compared to the August decline of 0.9% -
Production of machinery grew by 0.4% from the previous drop of 0.6%.
Production in construction increased by 1.3%.
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