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U.S. Industrial Production Rose 0.4% in November

December 15, 2020

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U.S. industrial production continued to bounce back from a decline early in the coronavirus pandemic, advancing in November from the prior month on increased manufacturing and mining output.

Industrial production, a measure of factory, mining and utility output, increased a seasonally adjusted 0.4% in November, the Federal Reserve said Tuesday. Economists surveyed by The Wall Street Journal expected a 0.2% rise.

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