Industrial production unchanged in June
Industrial production was unchanged in June, as increases for both manufacturing and mining offset a decline for utilities.
For the second quarter as a whole, industrial production declined at an annual rate of 1.2 percent, its second consecutive quarterly decrease.
Manufacturing output increased 0.4 percent in June after moving up 0.2 percent in May. Despite the gains in the past two months, factory production declined at an annual rate of 2.2 percent in the second quarter, about the same pace as in the first quarter. In June, the indexes for durables and for nondurables advanced 0.4 percent and 0.5 percent, respectively.
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.
