
Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.
Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.

Photo: Evan Lockridge

Industrial production in the U.S. fell slightly in August, its first decline since January, according to a report released Monday by the Federal Reserve.
This measure of the total output at the nation’s factories, mines and utilities decreased 0.1% from July, while it was revised downward from an earlier reported 0.4% gain in July’s to a 0.2% increase.
The declines in total industrial production and in manufacturing output in August reflected a decrease of 7.6% in the production of motor vehicles and parts, which had jumped more than 9% in July, according to the Fed. Excluding motor vehicles and parts, factory output rose 0.1% in both July and August. Overall manufacturing output fell 0.4% in August.
The production at mines moved up 0.5% in August, and the output of utilities rose 1%.
At 104.1% of its 2007 average, total industrial production in August was 4.1% above its year-earlier level. Capacity utilization for total industry decreased 0.3 of a percentage point in August to 78.8%, 1 percentage point above its level of a year earlier and 1.3 percentage point below its 1972–2013 average.
Meantime a separate report on Monday from the Federal Reserve Bank of New York showed manufacturing in the New York state area increased this month to its highest level in nearly five years.
Both reports follow one on consumer sentiment, released Friday, showing it was at its highest level in more than a year and beating many analysts expectations.

Fleet Advantage's Brian Antonellis says it's time for fleets to get back to the fundamentals of good maintenance practices. And that includes replacing older, inefficient equipment.
Read More →
Load matching for flatbed, lowbed, oversize and overweight loads can't be automated like basic van freight, but Truckstop.com is adding more high-tech tools to help.
Read More →
An expanded Trucker Path and Truckstop.com integration brings more freight opportunities into the TruckLoads app while emphasizing security and network quality.
Read More →
Strong March freight demand combined with a spike in fuel costs pushed both spot and contract truckload rates to their highest levels in more than two years.
Read More →
Everyone’s talking about AI — but is your transportation management system actually built for it?
Read More →
Being part of KTG will allow Sharp to expand and improve its services.
Read More →
The Fair Compensation for Truck Crash Victims Act would increase insurance requirements for interstate motor carriers by nearly seven times.
Read More →
Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
Read More →
C.H. Robinson is waiving fees on fuel cards and cash advances for April and May, aiming to help carriers offset rising diesel costs tied to geopolitical instability.
Read More →
Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.
Read More →