Tags: Factory | Output | Economy | Industrial Production

Factory Output Rises 0.5 Percent in September

Thursday, 16 Oct 2014 10:00 AM

U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.

The Federal Reserve says output at manufacturing plants rose 0.5 percent in September after falling 0.5 percent in August. Total industrial production surged 1 percent last month, as output from mines and utilities both increased.

Furniture output rose 2.4 percent in September, while aerospace products climbed 1.7 percent. Clothing increased 1.5 percent, as plastics, rubber, chemicals and computer production also improved.

Despite the gains, autos appear to have downshifted after driving much of the output growth of the past year. Factory production of motor vehicles and parts slid 1.4 percent in September, the second straight monthly decline after tumbling 7 percent in August.

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Economy
U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.
Factory, Output, Economy, Industrial Production
119
2014-00-16
Thursday, 16 Oct 2014 10:00 AM
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