Global Economic News

U.S. Industrial Production Rebounds More Than Expected In November

Reflecting a bounceback in motor vehicle and parts output following the end of the strike at General Motors (GM), the Federal Reserve released a report on Tuesday showing U.S. industrial production rebounded by more than expected in the month of November.

The report said industrial production jumped by 1.1 percent in November after tumbling by a revised 0.9 percent in October.

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by RTTNews Staff Writer

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