Industrial Production Up, Manufacturing Slows
Washington, DC, Oct. 28, 2013 -- Industrial production in September rose 0.6%, the Federal Reserve reported.
This is the biggest monthly gain in seven months.
The increase was larger than forecast. Economists expected 0.4% growth in September. Production rose 0.4% in August.
Manufacturing output edged up 0.1% after a 0.5% gain in the prior month. Utility production rose 0.2%.