Industrial Production Rises 0.6% in July

Washington, DC, September 15, 2015–Industrial production increased 0.6% in July after moving up 0.1% in June, according to the Federal Reserve.

In July, manufacturing output advanced 0.8%, primarily because of an increase in motor vehicle assemblies.

The output of motor vehicles and parts jumped 10.6%, and production elsewhere in manufacturing edged up 0.1%.

The index for mining rose 0.2%, while the index for utilities fell 1.0%.

At 107.5% of its 2012 average, total industrial production in July was 1.3% above its year-earlier level.