. Earth Science News .
TRADE WARS
US industrial output up in September amid small hurricane impact
by Staff Writers
Washington (AFP) Oct 16, 2018

US industries saw only a small hit from Hurricane Florence, which devastated parts of the mid-Atlantic region in September, and output rose at a steady pace, the government reported Tuesday.

Strong auto and petroleum production were again key drivers in the sector, according to the Federal Reserve.

Industrial production rose 0.3 percent last month compared to August, as the Fed said output growth was "held down slightly" by Florence, which shaved less than a tenth of a point off the increase.

Manufacturing posted a more modest 0.2 percent gain, while the mining sector, which includes the booming oil and gas industry, jumped 0.5 percent for its eighth consecutive increase, the report said.

The Fed said overall mining output had gained 24 percent since its low point in 2016, driven by oil and gas, even as drilling had declined in the last three months.

Meanwhile, utilities were flat after a big jump in August, the data showed.

Motor vehicle production again helped drive the overall increase, with a 2.6 percent gain in the month, and is up more than 11 percent from a year earlier.

Wood products and metals also rose, while the Fed said the only significant decline was in "nonmetallic mineral products."

Industrial production is up 5.1 percent in the year ended in September, while manufacturing output has increased 3.5 percent and mining surged 13.4 percent.

Installed capacity in use remained steady at 78.1 percent, which is 1.7 points below its long-run average, the report said.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
US-China trade row not a threat to world economy: Mnuchin
Nusa Dua, Indonesia (AFP) Oct 13, 2018
US Treasury Secretary Steven Mnuchin pushed back Saturday against warnings that Washington's trade fight with China imperils the world economy, saying that pushing Beijing to open up will be good for all. The IMF has warned this week at annual meetings in Bali that the escalating US-China trade confrontation would hobble global economic growth, as the fund lowered its forecasts for this year and next. But Mnuchin told reporters on the Indonesian resort island that President Donald Trump's drive ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
In hurricane-hit Mexico Beach, a marathon clean-up begins

Boulders litter Uganda villages crushed by deadly landslide

Indonesia calls off grim search for dead in quake-tsunami

Morocco navy fires on migrant boat, wounding one

TRADE WARS
Blue phosphorus mapped and measured for the first time

High entropy alloys hold the key to studying dislocation avalanches in metals

Light melts matter differently than heat, study shows

Researchers quickly harvest 2-D materials, bringing them closer to commercialization

TRADE WARS
Easter Island inhabitants collected freshwater from the ocean's edge in order to survive

Larger cities have smaller water footprint than less populated counterparts

New spheres trick, trap and terminate water contaminant

Fertilizer can accumulate over time, causing water quality problems decades later

TRADE WARS
With Thick Ice Gone, Arctic Sea Ice Changes More Slowly

Polar jet circulation changes bring Sahara dust to Arctic, increasing temperatures, melting ice

Finding open water in Greenland's icy seas

Rapid, widespread changes may be coming to Antarctica's Dry Valleys, study finds

TRADE WARS
Feeding 10 billion people by 2050 within planetary limits may be achievable

Judge mulls slashing $290 mn award in Roundup cancer case

When yesterday's agriculture feeds today's water pollution

Iran risks losing 70% of farmlands: environment chief

TRADE WARS
At least 22 dead in Indonesia floods and landslides

Fast, accurate estimation of the Earth's magnetic field for natural disaster detection

Smaller, more frequent eruptions affect volcanic flare-ups

GeoSEA array records sliding of Mount Etna's southeastern flank

TRADE WARS
Nigerian troops foil Boko Haram attack on base: army

Elite soldiers protest over pay at Ethiopia PM's office

Hunting a shadowy armed militia in DR Congo's 'triangle of death'

Six killed in rebel attack on DR Congo military post: army

TRADE WARS
Affable apes live longer, study shows

Rift Valley's drying climate inspired early human evolution

Dryer, less predictable environment may have spurred human evolution

Modern humans inherited viral defenses from Neanderthals









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.