• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Anthropic Sends Team to Washington in Bid to Lift AI Export Ban

June 16, 2026

11 Skydivers, One Pilot Dead After Missouri Plane Crashes on Takeoff

June 16, 2026

30-Year-Old ‘Pakistani Heritage’ Man Arrested After Teen Girl Stabbed in Neck in English Town

June 16, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Tuesday, June 16
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Newsom Accuses Trump, DOJ Of Retaliation After Probe Targets Him And His Wife

    June 16, 2026

    Trump’s Support Has Collapsed In Rural America

    June 15, 2026

    Summer ICE

    June 15, 2026

    Georgia GOP Chaos Erupts Just Days Before Primary Runoff

    June 15, 2026

    Trump Refuses To Release The Text Of The Iran Deal And Brief Congress Because It Doesn’t Exist

    June 15, 2026
  • Health

    Health Insurer Centene Offers Companywide Worker Buyouts To Cut Costs

    June 15, 2026

    Medicare’s temporary weight-loss drug plan may be hard to end

    June 15, 2026

    U.K. Bans TikTok, Instagram, YouTube And Other Social Media For Children Under 16

    June 15, 2026

    Covid vaccination cut risk of adverse heart events, large study finds

    June 15, 2026

    Medicaid, WHO, Ebola, DRC, food policy: Morning Rounds

    June 15, 2026
  • World

    30-Year-Old ‘Pakistani Heritage’ Man Arrested After Teen Girl Stabbed in Neck in English Town

    June 16, 2026

    Lincoln Memorial Reflecting Pool Is Looking ‘Quite Green’ And Filled With Algae After Trump Renovations

    June 16, 2026

    Trump Announces U.S. Military Strike Killed Tren de Aragua Leader

    June 16, 2026

    U.S., Iran Reach Deal To End The War, Reopen Strait Of Hormuz

    June 16, 2026

    Deal with U.S. ‘Never Been Closer’ — Pakistan PM Says Final Text Agreed

    June 15, 2026
  • Business

    DOJ Approves Paramount Take Over Of Warner Bros

    June 12, 2026

    SpaceX Opens At $150 A Share, Breaks $2 Trillion Market Cap

    June 12, 2026

    Pilot Union Members Orchestrate Coup Against Labor Bosses

    June 9, 2026

    Jobs Report Blows Past Expectations In Welcome Bright Spot For Inflation-Plagued Economy

    June 5, 2026

    Wall Street Giants Bet Big On Tech As The Iran War Roils Global Markets

    June 4, 2026
  • Finance

    People in China are watching the World Cup differently this time

    June 16, 2026

    Prices rising after U.S., Iran agree to ceasefire deal

    June 16, 2026

    South Korea Has Diversified Some Critical Minerals. The Hardest Dependencies Remain.

    June 16, 2026

    Ron Baron bought $1 billion of SpaceX shares in IPO, lifting stake to $25 billion

    June 15, 2026

    How Taiwan Is Balancing Between US and Chinese Visions of Energy Dominance

    June 15, 2026
  • Tech

    Anthropic Sends Team to Washington in Bid to Lift AI Export Ban

    June 16, 2026

    Tech and Defense Manufacturing Drive Industrial Output Higher in May

    June 16, 2026

    Josh Hawley Warns that AI Is an Existential Threat that Risks Turning Humans into ‘Raw Material’

    June 15, 2026

    Elon Musk’s SpaceX Jumps 8% in Post-IPO Market Open as Analysts Clash on Value

    June 15, 2026

    Starmer Bans Under-16s From Social Media

    June 15, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Tech and Defense Manufacturing Drive Industrial Output Higher in May
Tech

Tech and Defense Manufacturing Drive Industrial Output Higher in May

June 16, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

U.S. industrial production edged up in May as strength in high-technology, defense, mining, and durable manufacturing offset weakness in nondurable goods and consumer products.

The Federal Reserve said Monday that industrial production rose 0.1 percent in May after a 0.9 percent gain in April. Total output was 1.7 percent above its year-earlier level.

That advance was weaker than the 0.3 percent gain economists had forecast.

Manufacturing output was unchanged following an upwardly revised 0.7 percent increase in April, but the flat headline masked a sharp divide within the factory sector. Durable-goods manufacturing rose 0.8 percent, with output increasing in nearly every major category. Nondurable manufacturing fell 0.9 percent, with declines across most categories.

The strength was concentrated in sectors tied to business investment, artificial intelligence infrastructure, and defense production. Output of computer and electronic products rose 0.9 percent in May and was up 10.3 percent from a year earlier. Semiconductor production jumped 2.4 percent for the month and 14.4 percent from May 2025. The Fed’s broader high-technology aggregate rose 1.8 percent in May and has climbed 12.6 percent over the past year.

Defense and space equipment production increased 0.9 percent, its sixth consecutive monthly gain. Business equipment output rose 0.6 percent and was up 5.7 percent from a year earlier, led by a 1.9 percent increase in transit equipment. Construction supplies rose 1.1 percent.

Several industries associated with data centers and industrial buildouts also posted gains. Primary metals rose 1.3 percent, fabricated metals increased 0.8 percent, machinery rose 0.2 percent, and electrical equipment, appliances, and components climbed 0.5 percent.

See also  UK Govt Quietly Backs Facial Recognition Tech to Supposedly Stop Theft

Consumer goods were the main weak spot. Output fell 0.5 percent in May, as a 0.8 percent decline in nondurable consumer goods more than offset a 0.5 percent rise in durable consumer goods. Appliances, furniture, and carpeting fell 1.0 percent and were down 6.6 percent from a year earlier. Petroleum and coal products fell 3.0 percent, textiles dropped 2.4 percent, printing fell 1.6 percent, and chemicals declined 0.8 percent.

Mining output rose 1.3 percent, helped by a 5.0 percent jump in oil-and-gas well drilling. Utilities output fell 0.4 percent, with a decline in electric utilities more than offsetting an increase in natural gas utilities.

Capacity utilization for total industry edged up to 76.2 percent, still 3.2 percentage points below its long-run average. Manufacturing utilization held at 75.7 percent, 2.5 points below its long-run average. Mining was the exception, with utilization rising to 86.5 percent, above its historical average.

The figures point to a manufacturing sector increasingly led by hard industrial categories—chips, electronics, defense, transportation equipment, metals, machinery, and construction inputs—while consumer-facing and nondurable industries remain softer.

Defense Drive higher industrial Manufacturing Output Tech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Anthropic Sends Team to Washington in Bid to Lift AI Export Ban

June 16, 2026

Josh Hawley Warns that AI Is an Existential Threat that Risks Turning Humans into ‘Raw Material’

June 15, 2026

Disney+ Greenlights ‘Journey’ With Obamas’ Higher Ground Producing

June 15, 2026

Elon Musk’s SpaceX Jumps 8% in Post-IPO Market Open as Analysts Clash on Value

June 15, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Fans Wonder Whether Former NHL Player Killed by ‘Freak Accident’ or Intentional Assault with Skates

October 31, 2023

My Dad The Bounty Hunter season 2 episode 1 release date, where to watch, and more

August 14, 2023

Jack Smith Adds Radical Left-Wing Democrat Donor to Special Counsel Team Persecuting Trump | The Gateway Pundit

September 23, 2023

Trans Writer Pens NBC’s ‘Quantum Leap’ Reboot Episode Promoting Transgender Athletes in Women’s Sports

February 15, 2023
Don't Miss

Anthropic Sends Team to Washington in Bid to Lift AI Export Ban

Tech June 16, 2026

AI startup Anthropic has deployed senior technical staff to the nation’s capital for emergency negotiations…

11 Skydivers, One Pilot Dead After Missouri Plane Crashes on Takeoff

June 16, 2026

30-Year-Old ‘Pakistani Heritage’ Man Arrested After Teen Girl Stabbed in Neck in English Town

June 16, 2026

Neymar Jr. Partners With FlareFlow on 16-Title AI Microdrama Franchise

June 16, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,381)
  • Entertainment (5,108)
  • Finance (3,790)
  • Health (2,287)
  • Lifestyle (1,893)
  • Politics (3,569)
  • Sports (4,528)
  • Tech (2,267)
  • Uncategorized (4)
  • World (5,003)
Our Picks

Stocks look set to end brutal week with more steep losses: Stock market news today

August 18, 2023

Pepsi Commercial Kid Says He was Only 8 at Time of Kinky Wedding With Michael Jackson

August 22, 2023

Emmy Winner Billy Miller Dead At 43

September 18, 2023
Popular Posts

Anthropic Sends Team to Washington in Bid to Lift AI Export Ban

June 16, 2026

11 Skydivers, One Pilot Dead After Missouri Plane Crashes on Takeoff

June 16, 2026

30-Year-Old ‘Pakistani Heritage’ Man Arrested After Teen Girl Stabbed in Neck in English Town

June 16, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.