Wall Street Journal (08/14/15) Eric Morath
Industrial production increased a seasonally adjusted 0.6% in July from June, according to the U.S. Federal Reserve. The measure has risen for two consecutive months after beginning the year with five monthly decreases.
Meanwhile, capacity utilization rose 0.3 percentage points to 78.0% in July from June. Capacity utilization has climbed 1.7 percentage points over the past year, but is 2.1 percentage points below its average since 1972. Economists polled by the Wall Street Journal had expected a 0.4% increase in industrial production and capacity utilization of 78.0%.