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U.S. Industrial Production Rebounds Modestly Following Resolution Of Auto Strikes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Federal Reserve released a report on Friday showing a modest rebound in U.S. industrial production in the month of November.

The report said industrial production rose by 0.2 percent in November after slumping by a downwardly revised 0.9 percent in October.

Economists had expected industrial production to climb by 0.3 percent compared to the 0.6 percent decrease originally reported for the previous month.

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