Industrial production rebounded in November

Catch up with NBC News Clone on today's hot topic: Wbna22259217 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

Output at the nation's factories, mines and utilities posted a modest rebound in November following a big drop in the previous month.

Output at the nation's factories, mines and utilities posted a modest rebound in November following a big drop in the previous month.

The Federal Reserve reported Friday that industrial production rose 0.3 percent last month after having fallen a sharp 0.7 percent in October.

The gain was slightly larger than had been expected.

The November improvement reflected an increase in output at auto plants which helped lift manufacturing production by 0.4 percent.

Output in the mining sector, which includes oil production, was up 1.1 percent while utility output fell by 1.3 percent.

The nation's industrial sector operated at 81.5 percent of capacity in November, up slightly from an operating rate of 81.4 percent in October.

×
AdBlock Detected!
Please disable it to support our content.

Related Articles

Donald Trump Presidency Updates - Politics and Government | NBC News Clone | Inflation Rates 2025 Analysis - Business and Economy | NBC News Clone | Latest Vaccine Developments - Health and Medicine | NBC News Clone | Ukraine Russia Conflict Updates - World News | NBC News Clone | Openai Chatgpt News - Technology and Innovation | NBC News Clone | 2024 Paris Games Highlights - Sports and Recreation | NBC News Clone | Extreme Weather Events - Weather and Climate | NBC News Clone | Hollywood Updates - Entertainment and Celebrity | NBC News Clone | Government Transparency - Investigations and Analysis | NBC News Clone | Community Stories - Local News and Communities | NBC News Clone