A worker loads a tray of green rubber to be molded into golfball cores at the Acushnet Holdings Corp. Titleist Ball Plant III facility in New Bedford, Massachusetts.
Scott Eisen | Bloomberg | Getty Images
Industrial production dropped 0.5% in April amid a big decline in auto output.
Flat manufacturing output in March, together with a 0.8 percent drop in mining, led to a 0.1% dip in industrial production. Industrial output edged up 0.1% in February. It fell at a 0.3% rate in the first quarter after rising at a 4.0 percent pace in the fourth quarter.In March, industrial production fell 0.1%.