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

RSS

Features & Analysis

  • Woman in swimming pool Green stuff

    The element that makes a familiar smell when mixed with urine


  • Plane at Shannon airportShannon's call

    The airport that hosted a roll-call of presidents


  • Susanne du ToitTop 10 Tips

    Portrait painter Susanne du Toit on being an artist


  • Atletico's Diego Godin celebrates his goal with teammate David VillaWeek in pictures

    The best news photographs from around the world


Elsewhere on the BBC

  • ITChild's play

    It's never been easier for small businesses to get their message out to the world

Programmes

  • Joe Ierardi playing a pianoClick Watch

    Meet the man trying to create the perfect digital piano - but is it as good as the real thing?

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.