Posted May 16, 2017

Industrial production up 1.0 percent

Industrial production advanced 1.0 percent in April for its third consecutive monthly increase and its largest gain since February 2014.

Manufacturing output rose 1.0 percent as a result of widespread increases among its major industries. The increase of 1.0 percent for manufacturing output in April was its largest since February 2014. The indexes for durables and for nondurables each advanced 1.0 percent, while the output of other manufacturing (publishing and logging) moved up 0.7 percent.

The increase in durables was spearheaded by a large advance for motor vehicles and parts, while the improvement for nondurables was led by gains for food, beverage, and tobacco products, for textile and product mills, for printing and support, and for chemicals.

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