04042020Sat
Last updateFri, 03 Apr 2020 8pm

Manufacturing & The Economy

Industrial Production, Manufacturing Output Down in January

Industrial production declined 0.3% in January, as unseasonably warm weather held down the output of utilities and Boeing significantly slowed production of civilian aircraft. Manufacturing output decreased 0.1% in January to a level 0.8% below its year-earlier reading. The production of durable goods moved down 0.5% in January, as drops for aerospace and miscellaneous transportation equipment and for machinery were partially offset by a gain for motor vehicles and parts.

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