Manufacturing output up in February
Adjust font size:
Manufacturing News, Source : TheManufacturer.com
Published : 15 Mar 2004 18:56
The US Federal Reserve reported today that manufacturing output rose by one percent in February, part of a larger-than-expected 0.7 percent increase in production by industry as a whole.
The manufacturing output gain was spread across several manufacturing sectors, which bodes well for a recovery in the troubled manufacturing sector. Durable goods production rose one percent overall , with machinery manufacturing output growing 1.7 percent, computer and office equipment production growing by 2.1 percent, and motor vehicles and parts output rising 1.6 percent last month.
Nondurable goods production was up 0.8 percent across multiple sectors, including petroleum, coal, plastics and rubber products, all of which had an output increase of one percent or more. Paper production rose 0.9 percent and food, beverage and tobacco production increased by 0.7 percent in February.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Related Content
Guest Editorial: Checklist - Seven Recommendations for Improved Profits
by Abbott A. Imberman, PhD, Professor of...
more…
FKI LOGISTEX OPENS NORTH AMERICAN TECHNOLOGY & EDUCATION CENTER (TEC)
(St. Louis, Missouri, USA: July 10, 2007) FKI...
more…
Guess selects the tradecard platformand SourceView suite to optimize global trade
NEW YORK, July 10, 2007 – TradeCard Inc., the...
more…
Kimberly-Clark Professional Crosses Final Touchless Frontier With Introduction of First Electronic Bath Tissue Dispenser
ROSWELL, Ga. (July 9, 2007) – Kimberly-Clark...
more…
Boeing Celebrates the Premiere of the 787 Dreamliner
EVERETT, Wash., July 08, 2007 -- Today, Boeing...
more…
no comments yet...