US Industrial Production Revised Down in June

Industrial output in the US rose 0.2 percent in June from May, lower than an initial estimate of 0.3 percent, annual revisions from the Fed showed. Yet, it is the first increase in six months.
Fed | Joana Taborda | joana.taborda@tradingeconomics.com 7/21/2015 4:09:08 PM
Manufacturing production fell 0.1 percent after being reported as unchanged in the initial estimate. The capacity utilization rate was also revised down to 77.8 percent from 78.4 percent.

The Federal Reserve revised data for industrial production and capacity utilization from 1972 to June of 2015 and changed the base year to 2012 from 2007. In 2014, industrial output grew 3.7 percent, less than 4.1 percent previously reported while capacity utilization was revised lower to 78.1 percent from 79.1 percent. 

US Industrial Production Revised Down in June