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…

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