Total industrial production increased 1.1% in April – the fourth consecutive month of gains of 0.8% or greater, according to the Federal Reserve.
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Manufacturing output rose 0.8% and was 5.8% above the prior-year level. The index for utilities rose 2.4%, and the index for mining increased by 1.6%. Capacity utilization climbed to 79%.
Jonathan Bein, Ph.D. is Managing Partner at Distribution Strategy Group. He’s
developed customer-facing analytics approaches for customer segmentation,
customer lifecycle management, positioning and messaging, pricing and channel strategy for distributors that want to align their sales and marketing resources with how their customers want to shop and buy. If you’re ready to drive real ROI, reach out to Jonathan today at
jbein@distributionstrategy.com.