U.S. factory production accelerates in sign of economy's strength


#1

Fine the good and focus on it.

U.S. manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to underlying strength in the economy.

Factory production rose 1.1 percent after advancing 0.4 percent in October, the Federal Reserve said on Monday.

“There is little evidence here that weaker global growth or a stronger dollar has hurt U.S. manufacturing,” said John Ryding, chief economist at RDQ Economics in New York.


#2

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