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Fed: U.S. Sees Production Growth in Manufacturing, Mining and Utilities in Second-Quarter 2017


Industry Segment: Industrial Manufacturing | Word Count: 552 Words

SUGAR LAND--July 17, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--For the second quarter of 2017, U.S. industrial production advanced at an annual rate of 4.7%, primarily due to strong increases in the mining and utility sectors, according to a report from the Board of Governors of the Federal Reserve. In June alone, total industrial production was 2% above its level in June 2016, and at more than 105% of its June 2012 average. Industrial Info is tracking $1.44 billion in Power Generation, Metals & Minerals and Industrial Manufacturing projects that began construction in June 2017.

Within this article: Details on some of the manufacturing, mining and utility-related projects that began construction in second-quarter 2017, particularly in June.

Companies featured: ArcelorMittal's (NYSE:MT), Mubea Incorporated, Dominion Energy Incorporated (NYSE:D), Rosebud Mining Company, Titan Mining Corporation

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