Economy
July 18, 2014
Industrial Production and Manufacturing Capacity Utilization in June 2014
Written by Peter Wright
Both these data points are reported in the Federal Reserve G17 data base. The IP index was reported as 103.92 for June, with a three month moving average (3MMA) of 103.6. This was the ninth consecutive month for the index to exceed the pre-recession peak of September 2007. The 3MMA has expanded for 20 straight months and is up by 4.2 year over year. Data is seasonally adjusted. This index is based on the July 2007 level being defined as 100, (Figure 1).
