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US factory output increased 0.6 percent in April, led by big increase in auto production
WASHINGTON (AP) ' U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow.
The Federal Reserve says factory production rose 0.6 percent in April, erasing a 0.5 percent decline in March.
Half of the April increase reflected a 3.9 percent jump in the production of motor vehicles and parts. That's the fifth consecutive gain at auto plants and the biggest rise since January.
Overall industrial production increased 1.1 percent in April. In addition to the big gain at factories, output at mines and utilities both showed strong gains in April.
Factory output has risen 18.3 percent since it hit a low in June 2009, the month the recession ended.