facebook
twitter
rss
account
search
search
 

Industrial production rose in December

Jan. 16, 2013 at 1:28 PM   |   Comments

WASHINGTON, Jan. 16 (UPI) -- Industrial production rose 0.3 percent in December after having a climb of 1 percent in November, the Federal Reserve said Wednesday.

Manufacturing output increased 0.8 percent in December with production rising 0.2 percent in the fourth quarter.

Production from mines rose 0.6 percent November to December, while output from utilities dropped 4.8 percent due to unseasonably warm temperatures that meant thermostats were set lower.

At 98.1 percent of its 2007 average, total industrial production in November was 2.2 percent above its year-earlier level.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
GM recalls 221,000 Cadillacs and Impalas GM recalls 221,000 Cadillacs and Impalas
2
Slovakia sees Russian gas volumes drop Slovakia sees Russian gas volumes drop
3
Greenpeace puts more pressure on LEGO Greenpeace puts more pressure on LEGO
4
Iran could retool pipeline for Pakistan Iran could retool pipeline for Pakistan
5
Ground broken on Azeri gas pipeline for Europe Ground broken on Azeri gas pipeline for Europe
Trending News
Video
x
Feedback