Items include
industrial production
Economic Indicators
May 16, 2023
Bottom Line: The Federal Reserve's industrial production report for April showed a better rebound in activity than many of the manufacturing surveys suggested. Auto production led the gains, jumping over 9% on the month, while food- and beverage-related production led...
Feb 15, 2023
Bottom Line: The Federal Reserve's industrial production report for January offered more "hard data" to confirm what the "soft" (survey data) showed for much of the 2nd half of 2022. While not quite as weak as the survey data suggested,...
Jan 18, 2023
Bottom Line: The Federal Reserve's industrial production report for December offered "hard data" to continue to confirm what we saw in the "soft" (survey) data throughout the 2nd Half of '22. The auto sector saw a second month of declines...
Nov 16, 2022
Bottom Line: The Federal Reserve's industrial production report for October offered "hard data" to confirm what we have been seeing in the "soft" survey data. Manufacturing activity slowed sharply in the 3rd Quarter and was falling by early in the...
Oct 18, 2022
Bottom Line: Industrial production rose more than expected in August, offering "hard data" to confirm "soft" survey data that had suggested production held up even as new orders fell in the 3rd Quarter. Manufacturers were able to continue to boost...
Aug 16, 2022
Bottom Line: Industrial production rose slightly more than expected in July, but there were negative revisions to prior data leaving the trend decelerating. Looking through revisions and volatility, industrial production growth annualized at just 2% in the three months ended...
Jun 17, 2022
Bottom Line: Overall, US industrial production remains robust. The critical sectors continued to see accelerating growth. But given the weakness in (sometimes more timely) survey data, we are looking for cracks -- and there were certainly hints of those forming...
May 17, 2022
Bottom Line: Industrial production rose even more than expected in April as the auto industry led a volatile but robust reacceleration continued to take shape. Motor vehicle and part production were up 36+% over the three months ended in April,...