Industrial production rises
Industrial production advanced 0.4 percent in August after having been unchanged in July.
Following a decrease in July of 0.4 percent, which was steeper than previously reported, manufacturing production rose 0.7 percent in August.
The index in August was 2.6 percent above its year-earlier level. The factory operating rate increased 0.4 percentage point to 76.1 percent, a rate 2.6 percentage points below its long-run average.
The output of durable goods jumped 1.2 percent in August after having declined 0.6 percent in July. In August, the production of motor vehicles and parts rebounded 5.2 percent after having fallen a downwardly revised 4.5 percent in July.
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.
