US factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months.
Industrial production grew 0.7% in April after a downwardly revised 0.5% increase in March, according to the Federal Reserve. That marked the third straight month of higher production.
The output gain in March was revised higher, also to 0.7 per cent, but the prior months were revised downward, meaning the production gain in the first quarter of the year was 0.6 percentage points lower than previously reported.
Capacity use is still almost 2 percentage points below the economy's historical average dating back to the early 1970s.
Economists polled by IFR Markets projected a 0.6% increase for industrial production and a 78.4% capacity utilization rate. Factory output has increased 1.8% over the past year.
Wednesday's report showed factories boosted production 0.5% in April from a month earlier, as American households step up spending and companies boost investment.
Utilities' output gained 1.9% after increasing 6.1% in March, while mining was 1.1% higher after a 0.8% increase the month before. Production of durable goods decreased 0.5%, while nondurable goods production rose 1.5%. Mining output surged 10.6% from a year earlier. Unusually cold weather in April boosted demand for heating.
Of course, as TNW points out, these types of features can already be installed on basically any smartphone already on the market. Honestly, I would find it extremely paradoxical if HTC didn't accept cryptocurrency for its blockchain-powered phone.
We have the best panel, the best hosts, and it's wonderful to make this show so thank you very much. 'WOOHOO! Thank you, BAFTA. The Britain's Got Talent production crew, judges, and hosts that attended the BAFTAS.
The family wishes through its investigation to shed light on this epidemic and how to better the fight to save lives. Since Prince's passing we've seen a reissue of Purple Rain and a greatest hits compilation.
To begin with, Sasha Baron Cohen was supposed to play Mercury, but he stepped down due to "creative differences". After a year in the role, Singer was sacked for behavioural reason, and Dexter Fletcher resumed the post .
The defender has had a superb season at Newcastle and it is expected that Rafa Benitez will struggle to hold on to his captain. When I made a decision to go to Newcastle and stay there, even in the Championship , it was also because of my family.
Meanwhile NAIJ.com had earlier reported that Chelsea coach Antonio Conte was favourite to become the next national team coach . His first matches in charge will come against Saudi Arabia on May 28, France on June 1 and the Netherlands on June 4.
La sorpresa llegó cuando se acercó a la juez, a quien no solo no saludó, sino que romió la raqueta a golpes contra su silla. Esto le podría costar duras sanciones a la tenista de 26 años por parte de la Federación Internacional de Tenis (ITF).
Buildings dismantled at North Korean nuclear test site
Given the stage it had already reached, Pyongyang "may feel like they don't need to test anything for a while", he said. North Korea's plan to close the site has been welcomed by Washington, Seoul and the United Nations secretary general.
CBS sues to head off Redstone's family
Viacom and CBS first split in 2006, and the recent lawsuit comes after months of talks between the two about a potential remerger. National Amusements says it is "outraged" and has no intention of forcing a deal not supported by both companies.
Rep. Himes Questions Trump's Support Of Chinese Telecom Company
A security firm, Kryptowire, disclosed in 2016 that Chinese phones are loaded with software that sends a user's data to Beijing. Given the amount is only 2.5 per cent of China's annual exports, many economists believe the direct impact would be small.
York School budget proposes 0.22 percent tax levy increase
The Rapid City Area School Board approved the preliminary budget for next school year on Monday night at about $221 million. The board would consist of three members of the School Board , two members of the City Council and the Mayor.
Twitter amps up censorship: Hides bad tweets
One important issue we've been working to address is what some might refer to as "trolls". Twitter's troll problem has not improved, despite various measures taken by the company.
O'Brien hits historic first test century
Both Niall O'Brien and William Porterfield should have been run out before Pakistan captain Sarfraz Ahmed finally turned to Amir. Boyd Rankin and Tyrone Kane inside edged Abbas's incoming deliveries on to the stumps to hand the pacer his second Test fifer.
Rage 2 gameplay trailer
Between the two I expect we'll see Rage 2 in depth, plus everything else this first teaser is missing: Release date, et cetera. Annoyingly there's no indication as to what quarter of 2019 Rage 2 will arrive, but we'll get our wingsticks ready regardless.