Dec. gain in U.S. manufacturing output wraps up weak year

U.S. MANUFACTURING OUTPUT increased 0.2% in December. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH
U.S. MANUFACTURING OUTPUT increased 0.2% in December. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH
WASHINGTON – United States factory production unexpectedly increased in December, a bright spot in an otherwise weak year for manufacturing. The 0.2% increase in manufacturing output followed a revised 1% gain in November, Federal Reserve data showed Friday. The median forecast in a Bloomberg survey of economists called for a 0.1% decline. For all of…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display