US factoryBy Jason Lange

U.S. manufacturing output contracted in May for the second time in three months, the latest worrisome sign the American economy could be cooling.

Factory production shrank 0.4% last month, the Federal Reserve said on Friday. Total industrial output, which includes output at factories, mines and utilities, declined 0.1%.

Analysts polled by Reuters had expected total industrial production to rise 0.1%.

The declines were widespread within the factory sector. Output for durable -- or long lasting -- goods dropped 0.5%. Production for nondurables fell 0.2%.

Utilities increased 0.8%.

Capacity utilization, a measure of how fully firms are using their resources, slipped to 79.0% in May.

Officials at the Fed tend to look at utilization measures as a signal of how much "slack" remains in the economy -- how far growth has room to run before it becomes inflationary.

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Chris Smith

Economy cooling? When did it heat up?

June 15 2012 at 7:45 PM Report abuse +1 rate up rate down Reply
anthonygolfbones

How can our output get better when companys like Goverment Motors is spending Billions on factorys in China, they even sold some of thier old factorys in the US to China,and some of the people who Goverment Motors is dealing with have communist tie's.Just use your computer to search for a short film called CHINA MOTORS and see for yourself what this so called American company is doing with your bailout money and all the money they screwed the retiree's out of.

June 15 2012 at 7:19 PM Report abuse +1 rate up rate down Reply
n5monthsocrapleft

THIS MUSLIM CLOWN IS DESPERATE N WILL DO ANYTHING TO TRY TO GET RE-ELECTED ,AS HE SAID HE WILL OPEN UP OUR AMERICAN BORDERS TO ILLEGAL IMMIGRANT TERRORISTS TO BREAK INTO AMERICA N THEN WALKED BACK INTO OUR WHITE HOUSE WITH HIS MIDDLE FINGER UP TO ALL AMERICANS . ! ! THERE IS NO "HOPE" N AMERICA WILL NEVER "CHANGE" UNTILL THIS MUSLIM CLOWN IS REMOVED FROM OUR WHITE HOUSE IN HANDCUFFS. ! !

June 15 2012 at 7:01 PM Report abuse +1 rate up rate down Reply
HAT1701D

Not surprised. It has begun where I work. They are finally admitting to production slowdowns for the rest of the year.

June 15 2012 at 6:00 PM Report abuse +1 rate up rate down Reply
rich lapinski

ah yes, just another normal day at the oval office.

June 15 2012 at 5:26 PM Report abuse +2 rate up rate down Reply
usapaydirt

Ah! Getting back to the basics, the hard core basics, you know goodwill clothing and shoes a little dumpster diving around noon for some substance and a warm ditch to lay my weary head from a long day of trying to survive.
Ah ! America , land of Opportunity I mean have you ever seen so many dumpsters in your whole entire life, well gotta go the lines are gettin longer and the Growl is gettin louder and I'm still alive.......................

June 15 2012 at 3:44 PM Report abuse +1 rate up rate down Reply
wbearl

It's either Bush's fault or Romney's, just ask Obama.

June 15 2012 at 3:18 PM Report abuse +7 rate up rate down Reply
n5monthsocrapleft

"ROMNEY"~~"ROMNEY"~~USA ! USA ! ~~"ROMNEY"~~"ROMNEY"~~USA ! USA !

June 15 2012 at 2:52 PM Report abuse +7 rate up rate down Reply
democracks0

Obamas now laser focused on granting work permits for illegals. What about jobs for US citizens?

Glad Obama will be gone after the 2012 election.

June 15 2012 at 2:45 PM Report abuse +9 rate up rate down Reply
tarpon007

OBAMA IS DESTROYING AMERICA. PLEASE LETS KICK HIM OUT. GOD BLESS MITT AND THE USA

June 15 2012 at 1:40 PM Report abuse +7 rate up rate down Reply
2 replies to tarpon007's comment
whackjobtwo

AMERICA IS ALREADY DESTROYED, WHERE HAVE YOU BEEN? I GUESS YOU DON'T REMEMBER THE GREAT ECONOMIC COLLAPSE OF 2008.

June 15 2012 at 2:04 PM Report abuse -6 rate up rate down Reply
1 reply to whackjobtwo's comment
democracks0

Already destroyed due to Pelosi and Reid who led the country into recession in 2008. Thanks Evan

June 15 2012 at 2:41 PM Report abuse +2 rate up rate down
n5monthsocrapleft

JAN~20~09~~"THE DISGRACING OF AMERICA"~ N ECONOMIC DISASTER ~RECORD FORECLOSURES~~RECORD JOB LOSSES~~RECORD UNEMPLOYMENT N NOW HE WANTS TO OPEN THE BORDERS N LET THE ILLEGAL IMMIGRANT ALIENS IN TO STEAL OUR JOBS~~>ROMNEY / 2012 WINS BY A LANDSLIDE"

June 15 2012 at 2:49 PM Report abuse +2 rate up rate down Reply
2 replies to n5monthsocrapleft's comment
n5monthsocrapleft

PRESIDENT ROMNEY N REPUBS ARE TRYING TO GET AMERICA BACK ON THE RIGHT TRACK N THIS MUSLIM CLOWN N DUMMYCRAPS ARE STILL OBSTRUCTING. !

June 15 2012 at 3:02 PM Report abuse +2 rate up rate down
Weesockgirl

Why do repub's type in caps?

June 15 2012 at 7:29 PM Report abuse -1 rate up rate down