Breaking News Bar
updated: 6/14/2013 10:34 AM

U.S. factory output rise just 0.1 percent in May

hello
Success - Article sent! close
  • Jeff Caldwell, 29, right, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit.U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.

      Jeff Caldwell, 29, right, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit.U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.
    Associated Press

 
Associated Press

WASHINGTON -- U.S. factories barely increased their output in May after two months of declines, a sign that manufacturing is providing little support for the economy.

The Federal Reserve says manufacturing production increased just 0.1 percent in May from April. Output fell 0.4 percent in April and 0.3 percent in March.

Factories produced more autos, computers and wood products last month, offsetting declines in the production of primary metals such as steel and furniture.

Manufacturing output has risen just 1.7 percent in the past 12 months.

Overall industrial production was flat in May after a 0.4 percent drop in April. Utility output, which is heavily influenced by the weather, fell 1.8 percent after a 3.2 percent April drop. Mining output rose 0.7 percent after a 1.1 percent increase in April.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.