Industrial Production Drops 0.2 percent in September, Fed Reports
10/19/2010
Gainers included mine production, which increased 0.7 percent. Overall in the third quarter, total industrial production rose at an annual rate of 4.8 percent. It increased about 7 percent during the first and second quarters of this year.
However, the index for manufacturing recorded a steep decline in the third quarter. Factory output, which climbed at an annual rate of 9.1 percent in the second quarter only gained 3.6 percent in the third quarter. And the capacity utilization rate dropped to 74.7 percent, 5.9 percentage points below its average from 1979 to 2009. The total index for September was recorded at 93.2 percent of its 2007 average.
Project Announcements
Wyandot Snacks Expands Marion, Ohio, Production Operations
08/29/2025
Trane Technologies Expands Fort Smith, Arkansas, Operations
08/29/2025
BioMADE Plans Boone, Iowa, Bioindustrial Manufacturing Operations
08/29/2025
Choice Fabricators Expands Rainbow City, Alabama, Production Operations
08/29/2025
Ranovus Expands Ottawa, Ontario, Semiconductor Operations
08/29/2025
Belgium-Based Stow Group Plans Gordon County, Georgia, Manufacturing Operations
08/28/2025
Most Read
-
Tariffs, Talent, and U.S. Expansion
Q3 2025
-
What We’re Getting Wrong About Gen Z’s Future in the Skilled Trades
Q3 2025
-
Data Center Demand Stabilizes Amid Changing Market Forces
Q3 2025
-
A New Course for U.S. Shipbuilding
Q3 2025
-
Optimizing Your Rail-Served Transportation Network: Strategy Before Steel
Q2 2025
-
In Focus: AI Is Changing Incentives Math
Q2 2025
-
Rewriting the Rules of Warehouse ROI
Q3 2025