With all the gyrations in the economic news lately, it's hard to know what to expect from the different sectors. Manufacturing looked for a while like it had been slowing down along with most of the rest of the economy, but it roared back in July with its strongest showing of any month so far this year.
American production at factories, mines and utilities grew by 0.9 percent in July. That was a surprise: The median forecast by the analysts surveyed by Bloomberg News had pegged the increase at about half that much.
Motor vehicle output led the way, with a production increase of 5.9 percent on the month. Consumer energy products were up 1.5 percent on the month, transit equipment up 2.5 percent, and information processing equipment was up 1.0 percent. Sectors that saw their output decrease in July included electrical equipment, appliances and components.
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