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US industrial output rises at slower pace in November

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.

Clara
Clara
Fast Eddy
Fast Eddy 1 months

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).

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