Industrial production declined 0.6 in November
Industrial production declined 0.6 percent in November after decreasing 0.4 percent in October.
Manufacturing output was unchanged in November, as the output of nondurable goods gained 0.5 percent, but the production of durable goods declined 0.2 percent and the index for other manufacturing industries (publishing and logging) moved down 1.7 percent.
Most nondurable goods industries recorded increases, with the largest gain posted by the food, beverage, and tobacco products category. Among durable goods industries, losses of 1.0 percent or more were recorded by primary metals; electrical equipment, appliances, and components; and motor vehicles and parts. The production of nonmetallic mineral products increased 1.2 percent for the largest gain among durables. Mining output declined 1.1 percent in November and was 8.2 percent below its year-earlier level, with the index for oil and gas well drilling and servicing at less than half of its year-earlier level.
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.
