Industrial output on upward trend

U.S. industrial production increased 0.2% in July following a 0.4% jump in June, according to the Fed.
AUG 15, 2008
By  Bloomberg
U.S. industrial production increased 0.2% in July from last month, according to a report issued today by the Federal Reserve Board. The increase followed a 0.4% jump in industrial production in June. Manufacturing output gained 0.4% in July from June, thanks to a 3.6% jump in the production of motor vehicles and auto parts. The output of mines increased 0.9%, while the production of utilities fell 1.9% for the month. Capacity utilization, which measures the proportion of industrial plants in use, increased 0.1% in July to 79.9%. Total industrial production is 0.1% below the year-ago period level.

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound