07182019Thu
Last updateThu, 18 Jul 2019 4pm

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Manufacturing & The Economy

Industrial Production Posts First Monthly Gain of 2019

Industrial production rose 0.4% in May after falling 0.4% in April. Manufacturing output increased 0.2% in May after having decreased about 0.4% per month, on average, in the first four months of the year. In May, the production of durable goods rose 0.3%, while the output of nondurable goods edged up 0.1%. Among durables, gains of more than 1% were posted by wood products; machinery; electrical equipment, appliances, and components; and motor vehicles and parts.

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