WASHINGTON — Industrial production grew, albeit at a slowerpace, in July, the Federal Reserve reported today.
Total industrial production grew .2% last month, compared with.4% in June and was down .1% from July 2007. July's increase wasthe second month in a row of growth after four consecutive monthsof declines in industrial production.
Manufacturing output increased .4%, and that was caused in partby a 3.6% increase in motor vehicle and part production. However,manufacturing was still down 1.1% from last July.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
