» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 38 | NO. 28 | Friday, July 11, 2014

US factory output rises for 5th straight month

Print | Front Page | Email this story

WASHINGTON (AP) — U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture.

The Federal Reserve says factory production rose 0.1 percent, down from a gain of 0.4 percent in the previous month. May's data was revised slightly lower, but April's reading was revised much higher.

While last month's increase was modest, manufacturers strongly boosted output in the April-June quarter. That has helped the economy return to growth after a sharp contraction in the first three months of the year. Factory output rose 6.7 percent in the second quarter, the most in more than two years.

Overall industrial production, which includes manufacturing, mining and utilities, edged up 0.2 percent in June, down from 0.5 percent in May.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0