U.S. industrial production rose 0.4% in May, after tumbling 0.4% in April. (Photo by THE ASSOCIATED PRESS)

US industrial production rose in May, but factories struggle

WASHINGTON — U.S. industrial production improved in May, but manufacturers showed weakness despite eking out a slight gain.

The Federal Reserve said Friday that industrial output, which includes factories, utilities and mines, rose 0.4% in May, after tumbling 0.4% in April.

Manufacturing output increased just 0.2% last month, not enough to overcome declines in prior months. Factory production is down 1.5% since the end of 2018, an indication of the potential damage from the import taxes the Trump administration has placed on China. During the first quarter of this year, motor vehicle production plunged 14.9%. Furniture output fell 5.8%. Clothing production has dropped 22.6%.

Factories’ capacity utilization in May was 75.7%, down from 77.3% in December 2018. The lower utilization levels suggest that factories are seeing less demand than manufacturers had expected.

Production at the nation’s utilities rose 2.1%, caused by increased use of natural gas and electricity.

Production at mines, a sector that also covers oil and natural gas, advanced a modest 0.1%. Gains in oil and natural gas extraction were nearly offset by a decline in drilling.

By The Associated Press

Just Posted

Drug busts lead to four arrests, $130,000 of drugs and cash seized

Community is safer without drugs and guns on the street: Police inspector

$604,000 worth of contraband goods seized at Bowden Institution

Drugs and other contraband items valued at $604,000 have been seized at… Continue reading

Sylvan Lake man charged with first-degree murder of his dad

A 28-year-old Sylvan Lake man has been charged with the first-degree murder… Continue reading

Red Deer man going to trial on manslaughter

Gabriel Agotic accused of involvement in May 2017 death of Mathiang Chol

Maskwacis youth found dead on reserve

The remains of 16 year old Houston Omeasoo found

Duncan announces $30 million to promote safety and inclusiveness in sport

TORONTO — The federal government is investing $30 million over five years… Continue reading

Raptors president Ujiri addresses rare off-court issues during NBA title run

TORONTO — Even a championship can come with hiccups. Toronto Raptors president… Continue reading

Mouse that roared: Disney characters win local union shakeup

ORLANDO, Fla. — The mouse that roared was heard. Months after workers… Continue reading

Soulpepper’s original musical ‘Rose’ among big winners at Dora theatre awards

TORONTO — Soulpepper’s first original musical “Rose” was among the big winners… Continue reading

‘Must work together:’ Alberta legislature boss chides both sides in earplug spat

Legislature boss chides both sides in earplug spat EDMONTON — Alberta’s legislature… Continue reading

‘He’s my son: Accused mother cries at trial over boy who died of meningitis

LETHBRIDGE — The mother of a toddler who died of bacterial meningitis… Continue reading

Licence revoked for doc who used own sperm to artificially inseminate patients

TORONTO — An Ottawa fertility doctor who used his own sperm as… Continue reading

Most Read