TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Factory output extends solid gains in March

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Thursday, April 17, 2014, 12:01 a.m.
 

Factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.

The Federal Reserve said production rose 0.5 percent in March after a revised 1.4 percent surge in February. Output has climbed 2.8 percent over the past 12 months.

Higher factory output is a sign of greater demand by businesses and consumers.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Retailers that won’t open on Thanksgiving hope move pays off
  2. Lower gasoline prices fail to spur consumer spending
  3. Federal agency checking whether Highmark has enough doctors in Medicare plan
  4. Google applies tech to medical device
  5. Thanksgiving deals called the best
  6. Household debt on the rise after 5-year decline
  7. Oil prices continue descent, dragging market indexes lower
  8. Butler County firm Deep Well Services tackles tough gas wells
  9. Housing prices nudge upward as more homes on market
  10. Westinghouse to construct colossal nuke plant in Turkey
  11. Merry marijuana: Holiday shoppers urged to think pot
Subscribe today! Click here for our subscription offers.