CapUSept2014Industrial production increased 1.0 percent in September and advanced at  an annual rate of 3.2 percent in the third quarter of 2014, roughly its average  quarterly increase since the end of 2010.

In September, manufacturing output  moved up 0.5 percent, while the indexes for mining and for utilities climbed 1.8  percent and 3.9 percent, respectively. For the third quarter as a whole,  manufacturing production rose at an annual rate of 3.5 percent and mining output  increased at an annual rate of 8.7 percent.

The output of utilities fell at an  annual rate of 8.5 percent for a second consecutive quarterly decline.

At 105.1  percent of its 2007 average, total industrial production in September was 4.3  percent above its level of a year earlier. The capacity utilization rate for  total industry moved up 0.6 percentage point in September to 79.3 percent, a  rate that is 1.0 percentage point above its level of 12 months earlier but 0.8  percentage point below its long-run (1972–2013) average.