Manufacturing in U.S. Climbs for First Time in Three Months

Nov 18, 2015

Factory output increased in October for the first time in three months as producers turned out more construction materials and motor vehicles.
The 0.4 percent advance at manufacturers exceeded the median forecast in a Bloomberg survey and followed a 0.1 percent drop in September, figures from the Federal Reserve showed Tuesday. Total industrial production unexpectedly dropped 0.2 percent for a second month as warm weather reduced electricity demand and the oil industry continued to cut back.

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