Posted May 14, 2021

April industrial production increased 0.7 percent

Total industrial production increased 0.7 percent in April.

The index for mining increased 0.7 percent, while the utilities index grew by 2.6 percent. The index for manufacturing rose 0.4 percent despite a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors.

Durable manufacturing fell by 0.4 percent and other manufacturing (publishing and logging) declined by 1.1 percent, outweighed by an increase of 1.3 percent for nondurable manufacturing. The index for motor vehicles and parts fell 4.3 percent; excluding the motor vehicle sector, factory output advanced 0.7 percent, primarily reflecting a further recovery in chemicals as additional factories that had sustained weather-related damage during February reopened. Elsewhere, industry results were mixed, with supply chain difficulties possibly hindering production. Among nondurables, most major industry categories recorded gains, but paper, printing and support, and plastics and rubber products recorded modest losses.

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