U.S. Manufacturing Expands

June 7, 2004
/ Print / Reprints /
/ Text Size+
WASHINGTON-U.S. manufacturing activity expanded for the 12th consecutive month, providing fresh evidence that the economy is picking up steam.

The manufacturing index rose to 62.8 in May from 62.4 in April. The latest reading was the highest since a 63.6 reading posted in January, and was well above the 61.5 analysts had expected. An index reading above 50 indicates expansion. The gauge has been above 50 since June of last year.

The employment index showed growth for the seventh consecutive month, with a 61.9 reading in May. This is the highest since it reached 62.6 in April 1973. The employment reading in April was 57.8. An employment index reading higher than 48 generally predicts an increase in the Labor Department data on manufacturing employment.

Did you enjoy this article? Click here to subscribe to Assembly Magazine.

You must login or register in order to post a comment.



Image Galleries

Behind the Scenes at Ford's Michigan Assembly Plant

People are the heart and soul of the 2012 Assembly Plant of the Year. This slideshow shows some of the men and women who build three different types of electrified vehicles alongside traditional gas-powered cars on the auto industry’s most flexible assembly line—Ford’s Michigan Assembly Plant in Wayne, MI. Photos courtesy Ford Motor Co.


Tim Hutzel, President, Tim Hutzel American Business Services and Dave Lippert, President, Hamilton Caster & Mfg. Co have deep and unique perspectives on reshoring. That’s the primary reason they’ve been invited to deliver the keynote address at 2014’s The ASSEMBLY Show.

More Podcasts

Assembly Magazine

assembly cover september 2014

2014 September

The 2014 September Assembly includes articles about engine assembly plus much more. Check it out today!
Table Of Contents Subscribe

Assembly Plant Age

How Old Is Your Assembly Plant?
View Results Poll Archive


Welding: Principles & Practices

This text introduces students to a solid background in the basic principles and practices of welding.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Assembly Showrooms

ASSEMBLY Showrooms


facebook_40px twitter_40px  youtube_40pxlinkedin_40pxgoogle plus