14 May 2001, 17:46  US Industrial Output-OVERVIEW

--US April industrial output -0.3%; manufacturing -0.3%
--US March industrial output revised to -0.1% from +0.4%
--US April industrial output marks seventh straight monthly decline
--US April factory output ex-autos -0.4%; auto output -0.7%
--US April high-tech output -1.0%; ex-high-tech, factory output -0.3%
--US capacity use: April 78.5%; March revised to 78.9% from 79.4%
--US April utilities output -1.0%, mining +0.6%
--US April business equipment output -1.1%; materials -0.2%
--US April consumer goods output -0.2%; construction supplies -0.6%

By Shihoko Goto
Washington, May 14 (BridgeNews) - U.S. industrial activity dropped once again in April, falling 0.3%. The drop marked the seventh consecutive monthly decline, as overall industrial production for March was revised to a 0.1% decline from a rise of 0.4%. Analysts expected output to fall 0.2%. The U.S. capacity utilization rate declined to 78.5%, below forecasts of 79.0% and April's revised rate of 78.9%.

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