U.S. Industrial Production Rose Markedly in January on Soaring Utility Output

Capt. John

Industrial production in the U.S. increased sharply in January, more than reversing a slight fall registered in December, as a weather-related leap in utility output offset a softer rise in the manufacturing sector. Industrial production–which includes factory, mining and utility output–rose at a seasonally adjusted 1.4% in January compared with the previous month, the Federal …

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