Broad Industrial Output Drop

Investor's Business Daily
May 2013
Investors Business Daily;5/16/2013, pA01
5 April production fell 0.5% from the previous month, worse than expected. Mining activity rose 0.9%, but utility production sank 3.7% on milder weather. Manufacturing output slid 0.4%, with durables declining 0.6% and nondurables dipping 0.1%. Factories' annual gain cooled to a 3-year low. Conditions may not be improving. The N.Y. Fed's regional manufacturing gauge fell to -1.43 in May from 3.05 in April.


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