April industrial production increased
Industrial production increased 1.1 percent in April according to the Federal Reserve.
Manufacturing output increased 0.6 percent in April after having decreased 0.5 percent in March. Capacity utilization for manufacturing in April moved up 0.3 percentage point to 77.9 percent, a rate 14.1 percentage points above its trough in June 2009 but still 0.9 percentage point below its long-run average.
Within manufacturing, the output of durable goods increased 1.3 percent in April after having moved down 0.3 percent in March. With the exception of wood products, all major categories of durable goods rose. The largest gains were recorded by motor vehicles and parts, computers and electronic products, aerospace and miscellaneous transportation equipment, furniture and related products, and miscellaneous manufacturing.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
