The Federal Reserve's Industrial Production & Capacity Utilization report shows a -0.2% decrease for November 2011 Industrial Production. This report is also known as output for factories and mines. Manufacturing alone dropped -0.4%. October's industrial production stayed the same +0.7%.
The Federal Reserve's Factory Production report shows a 0.7% increase for October 2011 Industrial Production, otherwise known as output for factories and mines. September's industrial production was revised down to -0.1% from 0.2%. Here is the Federal Reserve's detailed report.
The Federal Reserve's Factory Production report shows a 0.2% increase for September 2011 Industrial Production, otherwise known as output for factories and mines. For Q3 2011, industrial production increased 5.1%, annualized. August's industrial production was revised down to zero from to 0.2%. Here is the Federal Reserve's detailed report.
The September 2011 ISM Manufacturing Surveyincreased 1.0 percentage points to 51.6%. This is a pleasant surprise. While a 51.6% PMI isn't anything to write home about, it is an increase and indicates manufacturing expansion. Below is the manufacturing composite index, PMI, still around 2008 levels.
The Manufacturers’ Shipments, Inventories and Orders for July 2011 was released today. New orders overall increased 2.4%. Removing transportation (which includes aircraft) from the numbers, new orders increased 0.9%, so things aren't as good as they seem. Air-o-plane new orders, not defense, shot up 43.4%.
New Orders in Durable Goods jumped to an astounding 4.0% for July 2011. New Orders has declined the last two months out of four. June durable goods new orders were revised from -2.1% to a -1.3% decrease. But wait.....sorry to pop your balloon....
The Federal Reserve's Factory Production report shows a 0.9% increase for July 2011 Industrial Production, otherwise known as output for factories and mines. June, May and April were all revised, +0.4%, +0.2% and -0.3% respectively. June's revision is a +0.2 percentage point increase. To sum up a conclusion on this month's statistics: reports of America's economic death are greatly exaggerated.
New Orders in Durable Goods decreased -2.1% for June 2011. New Orders has declined the last two months out of three.
Core capital goods new orders decreased -0.4%, after gaining 1.7% last month. Core capital goods is an investment gauge for the bet the private sector is placing on America's future economic growth.
Recent comments