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.

Daily Photo Galleries

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. Toyota to invest $50M in driverless technology with Stanford, MIT partnership
  2. Farmers fear 2nd attack of bird flu
  3. Bank of New York Mellon computer glitch examined for harm to investors
  4. Voice-assist technology gets big push toward mainstream vehicles
  5. Jobs report fails to provide clarity to investors
  6. U.S. adds 173,000 jobs in August, dropping unemployment rate to 5.1 percent
  7. Is safety impaired when braking makes car shake?
  8. Save big money with comparable model of vehicle
  9. Trimmer Pilot belies more room, power
  10. Alcoa putting $60M into Upper Burrell tech center expansion
  11. Fifth Third Bank selling Pittsburgh branches to First National