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Buckwheat Failure - Do-Nothing DemocRATs Force Industrial output flat in March as manufacturing falls
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patriotgames@democrathallofshame.com http://www.democrathallofshame.com
Apr 18, 2012, 7:37:12 AM4/18/12
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http://mobile.reuters.com/article/topNews/idUSBRE83G0T620120417
Industrial output flat in March as manufacturing falls
Tue, Apr 17 2012
WASHINGTON (Reuters) - Industrial output was flat for a second
straight month in March, held back by a drop in manufacturing,
according to a Federal Reserve report on Tuesday that suggested a
cooling in factory activity.
Economists polled by Reuters had expected industrial production to
increase 0.3 percent last month.
For the first quarter as a whole, industrial production rose at an
annual rate of 5.4 percent, with manufacturing advancing at a 10.4
percent pace - the largest gain since the second quarter of 2010.
Last month, manufacturing activity was dragged down by a sharp decline
in the production of nonmetallic mineral products. Auto production
increased 0.6 percent after rising 0.8 percent in February.
Utilities output increased 1.5 percent after edging up 0.1 percent in
February. Production at mines rose 0.2 percent after falling 4.0
percent the prior month.
Capacity utilization, a measure of how fully firms are using their
resources, fell to 78.6 percent from 78.7 percent in February. That
was 1.7 percentage points below its long run average.
Officials at the Fed tend to look at utilization measures as a signal
of how much "slack" remains in the economy -- how far growth has room
to run before it becomes inflationary.
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Industrial output flat in March as manufacturing falls
Tue, Apr 17 2012
WASHINGTON (Reuters) - Industrial output was flat for a second
straight month in March, held back by a drop in manufacturing,
according to a Federal Reserve report on Tuesday that suggested a
cooling in factory activity.
Economists polled by Reuters had expected industrial production to
increase 0.3 percent last month.
For the first quarter as a whole, industrial production rose at an
annual rate of 5.4 percent, with manufacturing advancing at a 10.4
percent pace - the largest gain since the second quarter of 2010.
Last month, manufacturing activity was dragged down by a sharp decline
in the production of nonmetallic mineral products. Auto production
increased 0.6 percent after rising 0.8 percent in February.
Utilities output increased 1.5 percent after edging up 0.1 percent in
February. Production at mines rose 0.2 percent after falling 4.0
percent the prior month.
Capacity utilization, a measure of how fully firms are using their
resources, fell to 78.6 percent from 78.7 percent in February. That
was 1.7 percentage points below its long run average.
Officials at the Fed tend to look at utilization measures as a signal
of how much "slack" remains in the economy -- how far growth has room
to run before it becomes inflationary.
--
The DemocRATs Hall of Shame©!
http://www.democrathallofshame.com/
4/15/12: Galleries Updated!
Over 400 New OBAMA & 'RAT Cartoons, Pics Added!
FREE Windows® Gadgets! Including: Bumpersticker Slideshow, Obama
Cartoon Slideshow, Take Back America 2010 & 2012!, Are DemocRATs
Ugly?, Is Helen Thomas Ugly?, Is Nancy Pelosi Ugly?, Disco Muzzy
(1 & 2)!, Obama's Lies!, "Uh-Oh! Something's Burning!", and the
Racial Slur Database.
Learn the TRUTH about: BSWS, Bob LeChevalier, Bret Cahill, Brian Wraith,
Chom Noamsky, Clams Casino, Cop Welfare, Curly Surmudgeon, Dakota,
Dave Fritzinger, David Johnston, Freestyle, Gandalf Grey, Iarnrod,
Igor, Joe Steel, Juanjo, Kevin Cunningham, Kurt Lochner, Lorad,
Lamont Cranston, Lookout, Lickin Ass' and Fakin' Names, Malcolm Abel,
Lubow, Major Debacle, Michael Coburn, Mitchel Holman, Phlip, Peter
Principle, Ramon Herrera, Ramrod, Ray Fischer, Rightardia, RobW, Rod
Speed, Roneal, Sanders Kaufman, Scotius, ShittingDuck, Sid9, SilentOtto,
Siobhan Medeiros, Snakehawk, Spike Lee, Stile4aly, Tab182, Tater Gumfries,
Tim Crowley, Tim Howard, Tom Sr, Tom Wheat
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