• Hello Customer - Log in or Register!
Date: 2013-08-01

USA Industrial Output Rose in August

Report shows that manufacturing may finally be recovering

Industrial output rose 0.8 percent in August, following an upwardly revised increase of 0.4 percent in July to 1.4 percent, according to a report from the U.S. Labor Department released today. Production in manufacturing expanded 0.6 percent in August, and the index excluding motor vehicles and parts increased 0.4 percent. The report gives further credence that the worst recession in nearly 70 years may be finally ending.


Production in manufacturing expanded 0.6 percent in August, and the factory operating rate increased to 66.6 percent, a rate 13.0 percentage points below its 1972-2008 average. The upward revision to manufacturing production in July was led by output gains for steel products and high-tech products that were stronger than previously reported, while much of the upward revision for April through June reflected higher production of chemicals. The output of durable goods moved up 0.5 percent in August.

Primary metals; machinery; electrical equipment, appliances, and components; and miscellaneous manufacturing all posted gains between 1/2 and 1 percent.


Previous: Germany to Hold METAV Fair Next February
Next: Bearings Feature Coating that Protects Against Damage.

Hot Products:
Product Model Inside Diameter Outside Diameter Thickness
7012CDB KOYO 60 95 36
7012BDB KOYO 60 95 36
【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.