Energy 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
Spain's Ibedrola sells hydro, gas-powered assets in U.K. for $929M

How will climate change stress the power grid

Electricity crisis leaves Iraqis gasping for cool air

Energy-intensive Bitcoin transactions pose a growing environmental threat

TRADE WARS
esVolta selected for 4 energy storage projects totaling 38.5 MWhs in Southern California

Building a better battery layer by layer

A stabilizing influence enables lithium-sulfur battery evolution

Novel catalyst for high-energy aluminum-air flow batteries

TRADE WARS
Ingeteam opens new high-tech production facility for electrical wind turbine components in India

Wind turbine installation vessel launching and construction supervision contract

UCSB mechanical engineer develops ways to improve windfarm productivity

Large-scale US wind power would cause warming that would take roughly a century to offset

TRADE WARS
Renewable energy is common ground for Democrats and Republicans

Efficiently turning light into electricity

SOVENTIX realises the largest solar project in Zimbabwe at 22 MWp

Philippines revs up flagging green energy engine

TRADE WARS
Scientists discover new properties of uranium compounds

US curbs China nuclear exports as Trump warns Americans not 'stupid'

At Le Creusot, dimensional inspection of test pieces is going digital

New concept to cool boiling surface may help prevent nuclear power plant accidents

TRADE WARS
New catalyst opens door to CO2 capture in conversion of coal to liquid fuels

Sebigas Awarded For The Construction Of The Biggest Biogas Plant In The Americas

In pre-vote boost for farmers, Trump to ease ethanol fuel rules

A biofuel for automated heat generation

TRADE WARS
Some Gulf oil output still shut-in following Hurricane Michael

Oil prices steady but analysts wary of Saudi reaction to Khashoggi allegations

RUDN chemist tested a new nanocatalyst for obtaining hydrogen

Saint-Tropez beaches hit by Mediterranean oil spill

TRADE WARS
New World Bank fund to insure against climate disasters

Does climate vary more from century to century when it is warmer?

Geoengineering, other technologies won't solve climate woes

Cost of climate-linked disasters soars: UN









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.