March production of consumer goods in the United States rose 0.7%, and increased at an annual rate of 4.5% in the first quarter, according to data from the U.S. Federal Reserve.
The index for consumer durables, which includes appliances, moved up about a quarter of a percent in March.
The output of appliances, furniture, and carpeting posted a gain of 2.0%, partially reversing decreases seen in January and February.
Overall industrial production in the United States increased 0.7% in March, after increasing 1.2% in February. The rise in February was higher than previously reported primarily because of stronger gains for durable goods manufacturing and mining.
For the first quarter as a whole, industrial production moved up at an annual rate of 4.4%, slightly slower than in the fourth quarter of 2013.
Major industry groups make up Industrial Production as a whole:
Major Market Groups that make up Industrial Production as a whole:
• Final Products, which includes the subcategory Consumer Goods and Business Equipment
• Nonindustrial Supplies, which includes the subcategory Construction
to Daily News