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US industrial output rises at slower pace in November
The growth in America’s industrial output slowed slightly in November, the Federal Reserve reported on Tuesday. The country’s industrial output rose 0.4% in November, lower than the previous month’s growth of 0.8%, which was led by a strong 5.3% gain in motor vehicles and parts production. The slow growth is attributed to low out of utility goods, which declined to 4.3% on reduced demand.
Industrial production increases 0.4% in November as manufacturing is boosted by rebound at auto plan
RIGHTwww.washingtontimes.com
INDEPENDENTwww.marketwatch.com
LEFTabcnews.go.com
For a lot of reasons, lack of primary resources being the most prominent one. I can’t help but speculate if they are going to reevaluate the location of manufacturing. I doubt the new administration is going to try to bring manufacturing back/keep manufacturing here (at least with the same fervor as the current administration).