US production up for April
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Manufacturing News, Source : TheManufacturer.com
Published : 14 May 2004 14:44
The Federal Reserve reports that production from US mines, utilities, and manufacturers rose by 0.8 percent in April. Manufacturing output alone increased 0.7 percent, its eighth consecutive monthly increase.
The Federal Reserve reports that production from US mines, utilities, and manufacturers rose by 0.8 percent in April. Manufacturing output alone increased 0.7 percent, its eighth consecutive monthly increase.
Increased output was seen in all other major durable manufacturing categories except aerospace and miscellaneous transportation equipment. Both the computer and semiconductor industries posted noticeable gains in output, while the production of communications equipment declined for a third consecutive month. Nondurable goods registered another moderate gain; increases in the output of chemicals; plastics and rubber products; and food, beverage, and tobacco products accounted for most of the overall rise.
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