US industrial production climbed 0.6 percent in November

WASHINGTON (AP) — U.S. industrial production climbed 0.6 percent on surging output at mines and utilities. But manufacturing production was flat.

The Federal Reserve said Friday that that utility output rose 3.3 percent as power companies were busier because of unusually cold weather. Mining output rose 1.7 percent on higher production at coal mines and oil and gas drillers.

Overall industrial production is up 3.9 percent from November 2017.

But manufacturing was flat in November after falling 0.1 percent in October. Factories are contending with a stronger dollar that makes their products more expensive in foreign markets, slowing global growth and import taxes that raise their costs.

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

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The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

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