Economy

US factory output extended solid gains in March

By Josh Boak
Published April 16, 2014 1:44pm ET
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US factory output extended solid gains in March
FILE -In this Tuesday, Sept. 10, 2013, file photo, workers man the Motorola smartphone plant in Fort Worth, Texas. The Federal Reserve reports on industrial production for March later Wednesday April 16, 2014. (AP Photo/LM Otero, File) | LM Otero

WASHINGTON (AP) — U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.

The Federal Reserve said Wednesday that factory production rose 0.5 percent in March after a revised 1.4 percent surge in February. Manufacturing output has climbed a solid 2.8 percent over the past 12 months.

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