Last updateThu, 25 Feb 2021 11pm

Manufacturing & The Economy

U.S. Industrial Production Climbed in January

Industrial production increased 0.9% in January, according to the Federal Reserve. Manufacturing output increased 1.0% in January. Durable and nondurable manufacturing recorded advances of 0.9% and 1.2%, respectively, while other manufacturing (publishing and logging) posted a decrease of 0.8%. Among durables, many sectors experienced gains of between 1 and 2-1/2%. The largest gain, 3.9%, was posted by primary metals, while the only losses were posted by nonmetallic mineral products and by motor vehicles and parts. 

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