Industrial and manufacturing production rebound
Industrial production and manufacturing production both rebounded 1.1 percent in November after declining in October.
These sharp November increases were largely due to a bounceback in the output of motor vehicles and parts following the end of a strike at GM.
Manufacturing output rose 1.1 percent in November after having been held down in September and October by the strike in the motor vehicle industry. An increase of 2.2 percent for durables primarily reflected a jump of 12.4 percent for motor vehicles and parts, but even excluding motor vehicles and parts, the output of durables moved up 0.6 percent. The indexes for primary metals and for computer and electronic products advanced 1 percent or more, while the indexes for nonmetallic mineral products, furniture and related products, and machinery declined modestly.
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.
