Industrial Production Rose 1% in September

Industrial production rose by the most since November 2012.

The 1 percent advance in output at factories, mines and utilities exceeded the highest forecast in a Bloomberg survey and followed a 0.2 percent drop the prior month, Federal Reserve figures showed today in Washington. Utility production was the strongest since May 2012, while factories made strides even as motor vehicle output fell for a second month.

Posted by on October 16th, 2014 at 12:17 pm


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