Manufacturing production moved up 0.8 percent in June, following a decrease of 1 percent in the previous month. Durable manufacturing surged 1.6 percent (vs -1.6 percent in May), as the production of motor vehicles and parts rebounded last month (7.8 percent vs -8.6 percent) after truck assemblies fell sharply in May because of a disruption at a parts supplier. Output also grew for machinery (0.7 percent vs -1.4 percent); computer and electronic products (1.5 percent vs -0.4 percent) and fabricated metal products (0.9 percent vs -0.5 percent). On the other hand, production of both primary metals and electrical equipment, appliances, and components was unchanged. In addition, nondurable manufacturing edged up 0.1 percent, after a 0.5 percent decline in May, due to increases in production of petroleum and coal products (0.6 percent vs -0.3 percent) and chemicals (0.3 percent vs 0.2 percent). By contrast, food, beverage, and tobacco products output continued to contract (-0.2 percent vs -0.8 percent).
Mining output rose 1.2 percent in June, following a 2.2 percent gain in May, reflecting continued gains in the oil and gas sector.
The index for utilities fell 1.5 percent in June after a 0.7 percent decline in May, as a drop for electric utilities (-2.4 percent vs 3.3 percent) outweighed a gain for gas utilities (4.8 percent vs -20.5 percent).
For the second quarter as a whole, industrial production advanced at an annual rate of 6.0 percent, its third consecutive quarterly increase. Manufacturing increased at an annual rate of 1.9 percent in the second quarter; and mining jumped more than 19 percent.
Capacity utilization for the industrial sector increased 0.3 percentage point in June to 78.0 percent, a rate that is 1.8 percentage points below its long-run (1972–2017) average.