Industrial production increased dur...

Industrial production increased during each of the first five month of this year. further despite this evidence of resurgence in the manufacturing sector of the U economy, demand for production and warehouse space continued to wane during the early month of 2002 The national availability rate for industrial space increased from 101% during the final quarter of 2001 to 108% in the first quarter of 2002 The national industrial vacancy rate has now risen for five consecutive quarters.

The first-quarter 2002 industrial vacancy rate was 27% higher than that recorded during