none
none

Manufacturing boosts US expansion

22-03-2011
by 
in 

Production at US factories increased for a sixth month in February, helping to stoke the economy and aid expansion.

The 0.4 percent rise in manufacturing output, which makes up 75 per cent of all industrial production, followed a 0.9 per cent gain the previous month. This was three times as large as initially estimated by economists.

Strong overseas demand, business investment and inventory restocking continue to fuel the US manufacturing sector, laying the foundation for the recovery.

However, rising fuel prices and the crisis in Japan pose a risk to consumer confidence.

The Bloomberg Consumer Comfort Index dropped to minus 48.5 in the week ended March 13, the lowest level since August, from minus 44.5 in the prior period.

Related news & editorials

  1. Martin Chappell
    03.11.2017
    03.11.2017
    by      In
    With Australia’s manufacturing industry strengthening, leaders and heads of IT are weighing up which new technologies they should implement to gain a competitive edge. Martin Chappell from Motorola Solutions explains how a simpler and more focused use of data can be the best approach.
    Australia’s... Read More
  2. Sahara Force India F1
    29.08.2017
    29.08.2017
    by      In
    The pace of Formula One (F1) development is rivalled only by the speeds achieved on the racetrack. Each time the Sahara Force India F1 Team brings its car to a circuit, it represents the team’s top engineering; every time the team leaves, the car is just a baseline. Between races it must be... Read More
  3. capacitor reforming
    12.07.2017
    12.07.2017
    by      In
    The latest productivity enhancing service from Konecranes addresses the problem of keeping spare motor drives in shape so they can be relied on to enter service if required. The company’s new variable frequency drive capacitor reforming service uses a proprietary DC power source to reform stored... Read More
  4. 27.06.2017
    27.06.2017
    by      In
    The most heralded benefit of the fourth industrial revolution (or Industry 4.0) is the availability of increasing volumes of data concerning the performance of manufacturing operations (so-called “big data”). These data range from the enterprise level, to the plant level, and down to the individual... Read More