U.S. Manufacturing Output Rises 0.5%, the Most Since July
by Joseph Lazzaro on Nov.16, 2010, under Towing
The nation’s factories continue to show signs that they will support economic growth in the immediate quarters ahead, as manufacturing output rose 0.5% in October — the sector’s biggest gain in three months — the Federal Reserve announced Tuesday.
Overall industrial production was flat in October, but that neutral performance was heavily weighed down by a 3.4% plunge in utilities production –…
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U.S. Manufacturing Output Rises 0.5%, the Most Since July originally appeared on DailyFinance on Tue, 16 Nov 2010 11:15:00.
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