US forest industry performance: June 2019
U.S. forest industry performance in May and June was recently reported by both the U.S. government and the Institute for Supply Management. Total industrial production (IP) rose 0.4 percent in May after falling 0.4 percent in April (originally -0.5 percent); however, the rates of change for the five previous months were again revised down on net. The indexes for manufacturing and mining gained 0.2 percent and 0.1 percent, respectively, in May; the index for utilities climbed 2.1 percent. Wood Products was one of five manufacturing industries with gains exceeding 1 percent.
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