|
|
|
|
|
5th Muharram 1436 | Thursday, Oct 30, 2014
Business

US industrial production up in November

Saturday, 15 December 2012
Comments(0)
December 15:

US industrial production increased by 1.1 percent in November following a decline in October, indicating further economic recovery.

The November increase in industrial production, an indicator of the output of factories, mines and utilities, followed a revised 0.7-percent decline in October, Xinhua reported.

Manufacturing output, the largest component of the overall industrial production, rose by 1.1 percent last month, the US Federal Reserve said Friday.

The manufacturing sector has shown upbeat performance since the US economy began to recover in the second half of 2009.

The output of the mining sector gained 0.8 percent in November, while the output of utilities edged up 1 percent.

The Fed report also showed that overall industrial capacity utilization - a key measure of slack in the industrial economy - stood at 78.4 percent in November, 0.7 percentage points higher than in the previous month.

----IANS

Latest News

Zambian acting president Guy Scott makes h...

Zambian acting president Guy Scott makes history amid eligibility row (19:54) Lusaka, Oct 30 (IANS) Appointed acting president of Zambia ...

ATM cut open, Rs. 14.50 lakh looted in Agra

Unidentified robbers looted an ATM of the Punjab National Bank, near Rohta crossing on Gwalior road ...

Jadavpur unrest: 70 percent Arts students vote in referendum

A large number of Jadavpur University students Thursday took part in the first phase of a referendu ...

Related News

Premji calls on Modi

Wipro's founder chairman Azim Premji Thursday met Prime Minister Narendra Modi, an official statement said here. "Cha ...

Over 80 issues facing industry solved by UP government

Over 80 issues confronting the industry, entrepreneurs and investors were resolved Thursday at the s ...

Gold futures down at Rs 26,876 per 10 gm

Gold prices moved down by 0.75 per cent to Rs 26,876 per 10 grams at the futures trade today as spec ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 26810 (Per 10g)

Opinion Poll
Do you think formation of 'She' teams would be beneficial for women's safety?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, AP, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com