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2017-09-18 12:10:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%

FRB - Industrial production declined 0.9 percent in August following six consecutive monthly gains. Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point. The index for manufacturing decreased 0.3 percent; storm-related effects appear to have reduced the rate of change in factory output in August about 3/4 percentage point. The manufacturing industries with the largest estimated storm-related effects were petroleum refining, organic chemicals, and plastics materials and resins.

The output of mining fell 0.8 percent in August, as Hurricane Harvey temporarily curtailed drilling, servicing, and extraction activity for oil and natural gas. The output of utilities dropped 5.5 percent, as unseasonably mild temperatures, particularly on the East Coast, reduced the demand for air conditioning.

At 104.7 percent of its 2012 average, total industrial production in August was 1.5 percent above its year-earlier level. Capacity utilization for the industrial sector decreased 0.8 percentage point in August to 76.1 percent, a rate that is 3.8 percentage points below its long-run (1972–2016) average.

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Earlier:

U.S. ENERGY INVESTMENT: $1.3 TLN

... gy infrastructure and benefit consumers. As an industry that invests billions in the U.S. economy each year, pro-growth policies would allow us to accelerate these economic investments while keeping energy affordable. Private investment in our nation ...
2017-09-08
 
 

U.S. DEFICIT $43.7 BLN

U.S. DEFICIT $43.7 BLN U.S. DEFICIT $43.7 BLN The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.7 billion in July, up $0.1 billion from $43 ...
2017-09-08
 

U.S. LNG FOR EUROPE - 4

U.S. LNG FOR EUROPE - 4 U.S. LNG FOR EUROPE - 4 Last week, U.S. liquefied natural gas (LNG) made its way to the somewhat unlikely market of Lithuania. The former Soviet republic traditionally bought its gas from Russian state company Gazprom; this wa ...
2017-08-31
 

U.S. INDUSTRIAL PRODUCTION UP 0.2%

U.S. INDUSTRIAL PRODUCTION UP 0.2% U.S. INDUSTRIAL PRODUCTION UP 0.2% U.S. - Industrial production rose 0.2 percent in July following an increase of 0.4 percent in June. The index for mining rose 0.5 percent in July for its fourth consecutive monthly ...
2017-08-24
 

U.S. OIL PRODUCTION: 9.35 - 9.91 MBD

... ODUCTION: 9.35 - 9.91 MBD EIA continues to expect US production to rise over the next two years and cross the 10 million b/d threshold in November 2018. It sees output averaging 9.35 million b/d in 2017, up 20,000 b/d from last months outlook, and 9. ...
2017-08-16
 

U.S. DEFICIT $43.6 BLN

U.S. DEFICIT $43.6 BLN U.S. DEFICIT $43.6 BLN The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $43.6 billion in June, down $2.7 billion from $ ...
2017-08-14
 

U.S. FEDERAL FUNDS RATE 1.25%

U.S. FEDERAL FUNDS RATE 1.25% U.S. FEDERAL FUNDS RATE 1.25% In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 1 to 1-1/4 percent. The stance of mon ...
2017-07-28

 

 

Tags: USA, INDUSTRY, PRODUCTION

Chronicle:

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%
2019, January, 18, 10:25:00

BANGLADESH'S NEW ENERGY

PLATTS - Bangladesh is planning to step up efforts to liberalize its gas and LNG sectors from 2019 in order to boost private investment and enhance energy security, a move that would likely increase domestic downstream competition and affect the competitiveness of existing oil-linked LNG supply contracts.

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%
2019, January, 18, 10:20:00

NOVATEK PRODUCTION +6.9%

NOVATEK - In 2018, NOVATEK’s hydrocarbon production totaled 548.4 million barrels of oil equivalent (boe), including 68.81 billion cubic meters (bcm) of natural gas and 11,800 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons produced by 35.1 million boe, or by 6.9% as compared with the twelve months 2017.

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%
2019, January, 16, 11:40:00

OIL PRICE: ABOVE $60

REUTERS - International Brent crude oil futures LCOc1 were at $60.68 per barrel at 0703 GMT, 4 cents above their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 2 cents from their last settlement, at $52.13 a barrel.

U.S. INDUSTRIAL PRODUCTION DOWN 0.9%
2019, January, 16, 11:35:00

GERMANY PROTECTS EUROPE

REUTERS - Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

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