01192018Fri
Last updateThu, 18 Jan 2018 7pm

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Manufacturing & The Economy

U.S. Manufacturing Output Rose 0.5% in February

Industrial production was unchanged in February following a 0.1% decrease in January. In February, manufacturing output moved up 0.5% for its sixth consecutive monthly increase. Led by advances of more than 1% for nonmetallic mineral products, fabricated metal products, and machinery, the production of durables increased 0.6%. Mining output jumped 2.7%, but the index for utilities fell 5.7%, as continued unseasonably warm weather further reduced demand for heating. At 104.7% of its 2012 average, total industrial production in February was 0.3% above its level of a year earlier. 

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