Industrial Production-Appliances Up 0.5% in July Aug 30, 2010

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The industrial production index for appliances, furniture, and carpeting moved up 0.5% in July 2010 according to the U.S. Federal Reserve Board. The indexes for home electronics increased 1.3%.

U.S. overall industrial production, including auto, rose 1.0% in July after having edged down 0.1% in June, and manufacturing output moved up 1.1% in July after having fallen 0.5% in June.

U.S. industrial production, not including auto, rose 0.6% in July.

At 93.4% of its 2007 average, total industrial production in July was 7.7% above its year-earlier level. The capacity utilization rate for total industry moved up to 74.8%, a rate 5.7 percentage points above the rate from a year earlier but 5.8 percentage points below its average from 1972 to 2009.

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