Durable and nondurable goods output rose 0.8% and 1.1%, respectively, and manufacturing capacity utilization bounced back from a 15-month low, to 77.7% in January from 77.1% in December.
Ups and downs: Manufacturing production data were led by significant growth in apparel and leather goods, nonmetallic mineral products, textiles, food and machinery, among other categories.
- Categories that contracted last month include plastics and rubber products, wood products, furniture and petroleum products.