In September, the industrial production (IP) index increased 0.1 percent compared with the previous month and was down 1.0 percent on a year-over-year basis. On the heels of healthy increases in wood products, high-tech industries, and motor vehicles and parts production, the manufacturing subindex rose 0.2 percent compared with August but was flat on a year-over-year basis. The mining subindex rose 0.4 percent from the previous month, but it remained subdued on a year-over-year basis, down 9.4 percent. The utilities subindex also fell on a month-over-month basis, declining 1.0 percent from August. Year over year, the utilities subindex was down 0.4 percent.
