U.S. Factory and Mining Production Rose in December

Breitbart | 1/18/2020 | Staff
Click For Photo: https://media.breitbart.com/media/2020/01/GettyImages-606198696-640x335.jpg

U.S. manufacturing output grew in December, the second consecutive monthly gain and the latest sign that U.S. factories are emerging from the slump that took hold in the second half of 2018.

Manufacturing output rose 0.2 percent in December, the Federal Reserve said Friday. Excluding autos and auto parts, which saw a 4.6 percent contraction, factory production rose 0.5 percent.

December - Gain - Factory - Output - Percent

Despite the December gain, factory output fell 1 percent in the fourth quarter, highlighting the sector’s troubles.

Mining output rose...
(Excerpt) Read more at: Breitbart
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!