10202018Sat
Last updateFri, 19 Oct 2018 1pm

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Manufacturing & The Economy

U.S. Industrial Production Rose 1.1% in February

Industrial production rose 1.1% in February following a decline of 0.3% in January. Manufacturing production increased 1.2% in February, its largest gain since October. Mining output jumped 4.3%, mostly reflecting strong gains in oil and gas extraction.

In February, manufacturing output increased 1.2%. Gains were recorded by every major manufacturing industry except for electrical equipment, appliances, and components and for petroleum and coal products. The production of durables climbed 1.8%, and the index for nondurables moved up 0.7%. The output of other manufacturing (publishing and logging) increased 0.4%. 

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