Home » today » News » RPT-USA-Industrial production progresses less than expected in November – 12/16/2021 at 5:43 pm

RPT-USA-Industrial production progresses less than expected in November – 12/16/2021 at 5:43 pm

Dec. 16 (Reuters) – Industrial production in the United States rose less sharply than expected, official statistics show on Thursday.

The Federal Reserve reported a 0.5% rise in industrial production last month after rising 1.7% (revised) in October.

Economists polled by Reuters on average expected an increase of 0.7%.

Manufacturing output increased 0.7% in November after advancing 1.4% in October (revised figure).

(Valentine Baldassari report, edited by Sophie Louet)

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.