|
|
|
|
|
12th Ramzanul Mubarak 1436 | Tuesday, Jun 30, 2015
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

Stop calling terror group as 'Islamic State': Cameron tells media

British Prime Minister David Cameron has called on the BBC and other media outlets to avoid using th ...

Trinamool Congress MP Tapas Pal Granted Bail for 'Shoot and Rape�...

Actor-turned Trinamool Congress MP Tapas Pal was on monday granted bail by a Nadia district court in ...

New antibody weapons against Marburg virus...

Scientists have identified new immune molecules that protect against deadly Marburg virus, a relative of Ebola virus. "These antibodies ...

Related News

Payworld eyes five fold growth by 2018

Transaction service provider Payworld, promoted by Sugal and Damani Group, is eyeing five fold rise in revenues in the c ...

Yes Bank to infuse USD 1-bn capital through ADR

Yes Bank on Monday preferred to raise money through an ADR issue under its USD 1-billion capital inf ...

Gulf-based GFH signs pact with Adani for Mumbai economic zone

Bahrain-based GFH Financial Group has signed an agreement with Indian conglomerate Adani Group for d ...

Post new comment

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

Rs. 26410 (Per 10g)

Opinion Poll
Do you think 'Operation Late Nigt' of the city police should be continued during Ramzan too?
YesNoCan't say

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

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