May 16, 2007
Industrial output up in April
By Matthew L. Brown
Industrial production increased 0.7 percent in April after a decrease of 0.3 percent in March, according to the Federal Reserve.
Output in the manufacturing sector moved up 0.5 percent in April; the increase was led by advances in motor vehicles and parts and in high-technology goods.
The output of utilities increased 3.5 percent.
Mining output decreased 0.3 percent in April.
At 113.0 percent of its 2002 average, overall industrial production for April was 1.9 percent above its level a year earlier.
The rate of capacity utilization for total industry rose 0.4 percentage point, to 81.6 percent, 0.6 percent above its 1972-2006 average.
Output in the manufacturing sector moved up 0.5 percent in April; the increase was led by advances in motor vehicles and parts and in high-technology goods.
The output of utilities increased 3.5 percent.
Mining output decreased 0.3 percent in April.
At 113.0 percent of its 2002 average, overall industrial production for April was 1.9 percent above its level a year earlier.
The rate of capacity utilization for total industry rose 0.4 percentage point, to 81.6 percent, 0.6 percent above its 1972-2006 average.
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