US manufacturing lifted by demand for cars

GM plant The US economy is showing signs of improvement

US manufacturing grew for the second month in a row in January, according to figures from the Federal Reserve.

A jump in auto production helped manufacturing grow 0.7% last month. December's growth figure was also revised upwards to 1.5%.

But industrial production, which includes mining and utilities, was unchanged in January.

Utilities output, hit by a warmer than usual winter, fell 2.5% and mining production fell 1.8% in January.

A 6.8% surge in auto output gave manufacturing a big lift, accelerating from a 3.8% increase in December.

Economists say the manufacturing figures are further evidence that the US economy is picking up.

"Some encouragement can be taken from the sharp upward revision to the performance in December, which underscores the turnaround in US economic fortunes in recent months." said Millan Mulraine, from TD Securities in New York.

More on This Story

US Economy

The BBC is not responsible for the content of external Internet sites

More Business stories


Features & Analysis

  • Stained glass of man with swordFrance 1 England 0

    The most important battle you have probably never heard of

  • Golden retriever10 things

    Dogs get jealous, and nine more nuggets from the week's news

  • Pro-Israel demonstrators shout slogans while protesting in Berlin - 25 July 2014Holocaust guilt

    Gaza conflict leaves Germans confused over who to support

  • The emir of Kuwait Sheikh Sabah al-Ahmad al-Jaber al-SabahFreedoms fear

    Growing concern for rights as Kuwait revokes citizenships

Elsewhere on the BBC

  • CastleRoyal real estate

    No longer reserved for kings and queens, some find living in a castle simply divine


  • Leader of Hamas Khaled MeshaalHARDtalk Watch

    BBC exclusive: Hamas leader on the eagerness to end bloodshed in Gaza

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.