Subscribe Register Login

Tuesday, July 29, 2014, 7:47 a.m.
Top Picks - Arkansas Daily Deal

U.S. factory output rebounded in May after April dip

By The Associated Press

This article was published June 16, 2014 at 11:08 a.m.

WASHINGTON — U.S. manufacturing output rose in May after in shrinking in April, led by greater production of autos, computers and furniture.

The gains show that Americans, buoyed by steady job gains, are buying more cars while businesses are ordering more machinery and other goods. Those trends are fueling factory production and driving growth. Analysts think the U.S. economy is rebounding after contracting in the first three months of the year.

Factory output rose 0.6 percent in May after dipping 0.1 percent the previous month, the Federal Reserve said Monday. April’s figure was revised upward from an initial estimate of a 0.4 percent decline.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. factory output rebounded in May after April dip

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 2 of 2 total comments

carpenterretired says... June 16, 2014 at 12:32 p.m.

According to Fox news the sky is still falling is fox wrong?

( | suggest removal )

KCSAP says... June 16, 2014 at 1:18 p.m.

Woohoo, were booming now. Which is it, the extreme cold from global warming last winter put the shackles on the economy, or are we booming? These type stories are nothing but buffoonery.

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Resident mgr team

    resident manager teammanagement team needed to oversee 500+ ...
    LITTLE ROCK, AR

  • Material handlers

    Ready? Set? go! we take industrial staffing seriously. $10-...
    Little Rock, AR

  • Lpns

    Weekend option & M-FApply in person. Premier Health & Rehab...
    NORTH LITTLE ROCK, AR

  • Driver trainees

    25 driver traineesneeded now!Become a driver forTMC Transpor...
    LITTLE ROCK, AR

  • Cdl drivers

    Tri National Inc. is Hiring...Sign on BonusTeams /$10,000 - ...
    LITTLE ROCK, AR

Search 893 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online