TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Factory output rises solid 0.6% in November

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Tuesday, Dec. 17, 2013, 12:01 a.m.
 

Factories increased output in November for the fourth straight month, led by a surge in auto production. The gains show manufacturing is strengthening and could boost economic growth.

The Federal Reserve says factory production rose 0.6 percent in November after a 0.5 percent gain in October. Production of motor vehicles and parts rose 3.4 percent, rebounding from a 1.3 percent decline in October.

Overall industrial production — manufacturing, mining and utilities — grew 1.1 percent in November, the fourth straight gain. Colder-than-average temperatures drove greater utility production. Output is 21 percentabove its recession low of June 2009, the month the downturn ended.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Supreme Court justices ream EPA for ignoring costs to meet air standards
  2. Snappers treat revitalizes Edward Marc Brands chocolatier, which scrambles to keep up
  3. Heinz executives to dominate post-merger management of Kraft Heinz Co.
  4. University mine rescue teams join to set rules, competitions
  5. Drillers to submit electronic records on fracking chemicals to Pa. DEP
  6. Teen retailer American Eagle Outfitters goes mobile, revamps site
  7. Grillers rejoice as U.S. shale boom sends propane to 13-year low
  8. New-home sales continue surge in May
  9. EDMC to cut 300 jobs, including 70 in Pittsburgh
  10. Big Heart Pet Brands to leave Pittsburgh, affecting 225 jobs
  11. Fastest-rising rents? Jackson, Miss.