Posted June 15, 2017

Industrial production unchanged in May

Industrial production was unchanged in May following a large increase in April and smaller increases in February and March.

Manufacturing output decreased 0.4 percent in May following a strong gain in April. Factory production has increased 1.4 percent over the past 12 months. The index for durables fell 0.8 percent in May, while the index for nondurables edged up 0.1 percent; the output of other manufacturing (publishing and logging) moved up 0.3 percent. Almost all major industry groups within durables posted declines; within nondurables, a large gain in chemicals outweighed declines in most other industries.

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