U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.
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Read More »August 16, 2014 Comments Off on Factory output continues upswing with rise in July
U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.
Tagged with: business news factory output Manufacturing
Read More »December 16, 2013 Comments Off on Factory output continues surge in November
WASHINGTON — U.S. factories increased output in November for the fourth straight month, led by a surge in auto production. The gains show manufacturing is strengthening and could help boost economic growth at the end of the year. Factory production ...
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Read More »May 1, 2013 Comments Off on Manufacturing grows in April at slower pace
WASHINGTON — U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that economic growth may be slowing this spring. The Institute for Supply Management ...
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Read More »August 23, 2012 Comments Off on Applications for unemployment aid up slightly
WASHINGTON — The number of people seeking unemployment benefits rose a slight 4,000 last week to a seasonally adjusted 372,000, evidence that the job market’s recovery remains modest and uneven. The Labor Department said Thursday that the four-week average, a ...
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Read More »June 1, 2012 Comments Off on Factory activity grew more slowly in May
WASHINGTON — U.S. manufacturing grew more slowly in May, hampered weaker hiring and declining production. But a measure of new orders rose to a 13-month high, suggesting factory activity will pick up in June. The Institute for Supply Management, a ...
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Read More »May 16, 2012 Comments Off on Factory output rose in April on stronger autos
WASHINGTON — U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow. The Federal Reserve said Wednesday that factory production rose 0.6 percent in ...
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Read More »May 1, 2012 Comments Off on Manufacturing grows at fastest pace since June
WASHINGTON — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose. The strength at U.S. factories suggests the economy is healthier than recent data had indicated. That’s ...
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Read More »February 15, 2012 Comments Off on Factory output jumps 0.7 percent in January
WASHINGTON — U.S. factories boosted output last month and December ended up being their best month of growth in five years. Strong auto sales and growing business investment in machinery and other equipment are keeping factories busy and helping the ...
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Read More »December 30, 2011 Comments Off on U.S. job market ends year in better shape
WASHINGTON (AP) — The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January. The unemployment rate, 8.6 percent in November, ...
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Read More »November 16, 2011 Comments Off on U.S. factory output rose strongly in October
WASHINGTON — U.S. industrial production rose in October at the fastest rate in three months. Factories made more trucks, electronics and business equipment, a sign that manufacturing is recovering after slowing this spring. Output at the nation’s factories, utilities and ...
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