Contact Us

US Factory Output Up 0.7 Pct. Led By Strong Autos

Mongolia's Biggest Foreign Investment The Oyu Tolgoi Mine
Photo by Paula Bronstein/Getty Images

WASHINGTON (AP) — U.S. factories increased output in August by the most in eight months, helped by a robust month at auto plants. The gains are a hopeful sign that manufacturing could help boost economic growth in the second half of the year.

The Federal Reserve says manufacturing production rose 0.7 percent last month from July. That’s the biggest increase since December. It followed a 0.4 percent decline in July.

Automakers increased production 5.2 percent, after a 4.5 percent decline in July. And factories stepped up production of other goods, including computers and electronics, furniture and business equipment.

Overall industrial production rose 0.4 percent in August following no change in July. Mining, which includes oil production, increased but output at utilities fell for a fifth month.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Best of News Talk 940

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://voiceofamarillo.com using your original account information.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on News Talk 940 AM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on News Talk 940 AM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive VOA VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.