Industrial production in the United States ended 2024 on a hopeful note, surpassing economists’ expectations and suggesting that the manufacturing sector is stabilizing after two years of decline.
In December, industrial output rose by 0.9% — the largest monthly increase since last February — bolstered by an uptick in factory activity and the resolution of a prolonged strike at Boeing. This uptick not only exceeded forecasts but marked a significant rebound in manufacturing, which had previously...
https://www.freightwaves.com/news/crosswinds-lash-u-s-industrial-economy