U.S. Factories Produced Fewer Goods In June

WASHINGTON (AP) — U.S. auto factories produced fewer goods in June than the previous month, and overall factory production was flat. It marked the third straight month of weak manufacturing output. The Federal Reserve says factory production was unchanged last month following a tiny 0.

WASHINGTON (AP) — U.S. auto factories produced fewer goods in June than the previous month, and overall factory production was flat. It marked the third straight month of weak manufacturing output.

The Federal Reserve says factory production was unchanged last month following a tiny 0.1 percent rise in May. The May data were revised down from an initial 0.4 percent increase.

Auto production fell 2.0 percent in June, after declines of 0.3 percent in May and 6.6 percent in April. U.S. automakers are having trouble getting component parts because of supply chain disruptions stemming from the March earthquakes and tsunami in Japan.

Overall industrial production was up 0.2 percent in June. The mining and utility sectors both showed gains, which offset the weak manufacturing reading.

More