U.S. factory production rebounds at fastest pace in 4 months

THE FEDERAL RESERVE reported Tuesday that manufacturing output increased 1.4% in July following decline of 0.3% in June. / AP FILE PHOTO/JEFF ROBERSON
WASHINGTON (AP) – United States factory production in July posted the strongest gain in 4 months, reflecting a surge in production at auto plants that are still wrestling with major supply chain problems. Manufacturing output increased 1.4% last month following a decline of 0.3% in June, the Federal Reserve reported Tuesday. It was the best…

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