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U.S. Industrial Production Rose 1.1% in October

November 17, 2020


U.S. industrial production rose last month, as output continued its slow climb back from deep declines last spring due to pandemic-related shutdowns.

The Federal Reserve on Tuesday said its index of industrial production—a measure of output at factories, mines and utilities—rose a seasonally adjusted 1.1% in October, following a revised 0.4% decline in September.

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