Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

IP Data Points to Continued US Manufacturing Recovery
Jul 18, 2007
 Printable format
 Email this Article
 Search

The National Association of Manufacturers pointed to a recent Federal Reserve report that overall US industrial production rose 0.5 percent in June, led by a 0.6 percent rise in manufacturing output, as an indication that industry is making a recovery.
            
“With production expanding for a fourth-consecutive month with its strongest gains of the quarter, manufacturing is on the mend,” said David Huether, the NAM’s chief economist.  
 
Manufacturing production grew by 3.4 percent in the second quarter, the fastest pace since the 4.4 percent growth in the third quarter of last year. Of the 19 major manufacturing industries, 14 increased production in the second quarter of this year.
 
“Three quarters of the manufacturing economy is on the rise,” Huether said. “More importantly, a number of manufacturing industries that had been in recession are beginning to recover.
 
“Manufacturers of wood products, nonmetallic minerals and furniture all experienced growth in the second quarter for the first time in more than a year,” he said.  “Signs of life from the housing industry are an indication the downturn in residential investment may be easing.”
 
 “While the up-tick in production has not reached all manufacturing industries, it is clear that the state of manufacturing improved significantly in the second quarter of the year,” Huether said.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows