According to the National Association of Manufacturers’ (NAM) Monday Economic Report for this week, industrial production increased 0.3% in June. Meanwhile, manufacturing output ticked up 0.1%. At 100.2% of its 2017 average, manufacturing production in June rose 0.8% from the same month last year. Capacity utilization for manufacturing rose to 76.9%, up 0.1 percentage points from May and 1.3% over the past year.  

Consumer goods production increased 0.2%, while materials output rose 0.4%. Among consumer goods, the production of durables decreased 1.4%, driven by a decline in automotive products (3.2%), while the index for nondurables advanced 0.7%, with the greatest improvement in energy goods (2.7%). Durable goods manufacturing stayed the same in June, but rose 0.8% from the year prior. Monthly growth was greatest for primary metals (3.1%), while motor vehicles and parts (-2.6%) and electrical equipment, appliances and components (-2.5%) posted the largest declines.