Manufacturing production in U.S. increases by most since July

By Bloomberg Business

Feb 17, 2016

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U.S. manufacturing output rose in January by the most since July 2015, a sign the industry was starting to stabilize at the beginning of the year.

The 0.5 percent advance at factories, which make up 75 percent of all production, followed a 0.2 percent decrease the prior month, a Federal Reserve report showed Wednesday. Total output, which also includes mines and utilities, jumped a larger-than-projected 0.9 percent.

Read the full story on bloomberg.com.

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