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Industrial output flat in October

WASHINGTON, Nov. 16 (UPI) -- U.S. industrial production was unchanged in October after falling 0.2 percent in September, the Federal Reserve said Tuesday.

The Fed said manufacturing output rose 0.5 percent after rising 0.1 percent in September, a revised figure from a month ago.

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Production at mines fell 0.1 percent after a gain of 0.1 percent in September. At the nation's utilities, production fell 3.4 percent due to an unseasonably warm October, which cut demand for heating.

Capacity utilization, measuring production as a percentage of manufacturing, mining and utilities operating at full steam, was flat at 74.8 percent in the month, 5.8 percentage points below the 1972 to 2009 average.

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