Dec 17, 2014
U.S. manufacturing output in November surpassed its pre-recession peak, as auto production kicked into a higher gear.
The Federal Reserve says factory production rose 1.1 percent last month, up from a 0.4 percent improvement in October. Manufacturing output has risen 4.8 percent over the past 12 months. It's now above the previous high set just before the downturn began in December 2007.