05182021Tue
Last updateTue, 18 May 2021 6pm

Manufacturing & The Economy

Manufacturing Production Rebounded in March

In March, total industrial production increased 1.4%. The gain in March followed a drop of 2.6% in February, which largely resulted from widespread outages related to severe winter weather in the south central region of the country. For the first quarter as a whole, total industrial production rose 2.5% at an annual rate.

Manufacturing output increased 2.7% in March, following a decline of 3.7% in February. For the first quarter, factory output advanced 1.9% at an annual rate. In March, the index for durable manufacturing increased 3.0%. All major categories of durables registered increases, most of which were between 2% and 3%. 

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