Manufacturing capacity utilization (MCU), scored a 75.4% in July, down 0.6% month on month (m/m), and down 0.4% year on year (y/y)

Manufacturing capacity utilization (MCU), scored a 75.87% in June, up 0.3% month on month, (m/m), its second monthly increase for the year. On a year on year (y/y) comparison the MCU was a modest 0.44%.

The June Industrial production, (IP) report remains flat MoM for the month at 109.6. On a year on year, (y/y) basis, the IP index was up 2.0%. Prospects for continued growth in 2018 look promising indeed as companies will see a 14% decline in the corporate tax rate.

The May Industrial production, (IP) report came in at 109.56, gaining 0.4% month on month, (m/m). On a year on year, (y/y) basis, the IP index was up 2.6%. Overall capacity utilization rose 0.4 percentage point, while manufacturing capacity utilization rose 0.9 percentage point.

Manufacturing capacity utilization (MCU), scored a 75.7% in May, up 0.08% month on month, (m/m), its first monthly increase since January. On a year on year (y/y) comparison the MCU was a modest 0.8%.

Manufacturing capacity utilization (MCU), scored a 75.4% in February, a relatively flat % change month on month, (m/m). On a year on year (y/y) comparison the MCU was down 0.45%.