Factory output rises
Manufacturing production increased 0.6 percent in May after having edged down 0.1 percent in April.
Industrial production rose 0.6 percent in May after having declined 0.3 percent in April. The decrease in April was previously reported to have been 0.6 percent.
The production of durable goods rose 0.9 percent in May to a level 5.3 percent higher than a year earlier. Gains were widespread within this industry group: With the exception of primary metals, which edged down 0.1 percent, all of the major durable goods industries recorded gains of 0.6 percent or more. Capacity utilization for durable goods manufacturing increased 0.4 percentage point to 76.8 percent, a rate only 0.2 percentage point below its long-run average and 1.3 percentage points above its level of a year earlier.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
