Mexican Media Brands
U.S. Factory Production Accelerates
Output by America's manufacturing sector, which expanded 0.4% in October, climbed 1.1% in November twice the gain analysts expected, according to the Federal Reserve.
#economics
Share
Output by America's manufacturing sector, which expanded 0.4% in October, climbed 1.1% in November twice the gain analysts expected, according to the Federal Reserve. It was the biggest monthly advance in nine months.
Growth was driven by a 5.1% surge in car and component output that reversed three previous months of decline. The Fed says capacity utilization by the manufacturing sector rose to nearly 84% in November compared with 80% for the industrial sector overall.
RELATED CONTENT
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
on the Genesis GV60 interior, EV sales in H1, Bentley Bentayga's wood work, Faurecia's advanced manufacturing & more
The strange glowing orb in the Genesis GV60. . .global EV sales in the first half. . .creating wood for the Bentayga interior. . .the importance of material handling at Faurecia. . .lux ATPs. . .fast Porsche. . .fast Lambo. . .the Avalon Hybrid. . .Silverado steel. . .