Industrial production climbed 0.6% in July, the Federal Reserve reported Friday.
The production increase followed a revised 0.1% rise in June, first reported as a 0.2% increase.
Capacity utilization grew in July to 78.0% from a revised 77.7% the previous month, first reported as 77.8%.
Economists polled by Thomson Reuters projected a 0.3% increase for industrial production and a 78.0% capacity utilization rate.
Manufacturing output was up 0.8% in July following a 0.3% decline in June, first reported as a 0.1% dip.
Utilities' output fell 1.0% in July after increasing 2.3% in June, while mining was up 0.2% after a 0.7% increase the month before.










