US Manufacturing Output Stalls for the First Time This Year (opens original article in a new tab)

US manufacturing output stalled in May, with supply chain disruptions and rising costs potentially impacting activity, though durable goods and defense sectors saw growth.

• US manufacturing output stalled in May after four months of gains
• Supply chain issues and rising costs may be affecting manufacturing activity
• Durable goods manufacturing increased while nondurable goods declined
• Defense and space equipment production rose for sixth consecutive month