Industrial production increases in May

Industrial production increased 0.2% in May after increasing 1.4% in April. Total industrial production in May was 5.8% higher than its year-earlier level.

Manufacturing output fell 0.1% in May. The index for nondurable manufacturing decreased increased 0.1%, while the indexes for durable manufacturing and for other manufacturing (publishing and logging) moved down 0.2%. The output of utilities increased 1.0%, while the index for mining increased 1.3% in May.

Read the Fed release.