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PRODUCTION


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Georgia’s film & TV production earns over $4 billion in 2022, an industry record

Read full article: Georgia’s film & TV production earns over $4 billion in 2022, an industry record

Georgia’s film and television industry brought in the big bucks as productions spent $4.4 billion in the state, according to Gov. Brian Kemp.

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German industrial production up for 3rd consecutive month

Read full article: German industrial production up for 3rd consecutive month

BERLIN German industrial production increased for the third consecutive month in July, but the gain was relatively modest following bigger gains in the immediate aftermath of this spring's shutdowns, official data showed Monday. Production rose 1.2% compared with the previous month, the Economy Ministry said. That followed gains of 7.4% in May and 9.3% in June as activity in Germany, Europe's biggest economy, recovered from big drops in March and April. The ministry said that production has returned to nearly 90% of its level in last years fourth quarter, before the coronavirus pandemic hit. Virus-related difficulties in countries outside the eurozone including the U.S., Britain and several emerging economies likely depressed German exports.

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US industrial production up 3%; factory output up 3.4%

Read full article: US industrial production up 3%; factory output up 3.4%

WASHINGTON American industry continued to regain ground lost in the coronavirus recession last month but production remains well below where it was before the pandemic struck. The Federal Reserve reported Friday that industrial production including output at factories, mines and utilities climbed 3% in July after surging 5.7% in June. Still, production remains 8.4% below its level in February before the outbreak began to spread rapidly in the United States. Factory output rose 3.4% last month, pulled higher by a 28.3% gain in production of cars, trucks and auto parts. Mining production ticked up 0.8%, snapping five straight months of decreases, utility output climbed 3.3% as hot weather forced many Americans to turn on the air conditioner.

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