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Post by bot on Oct 29, 2013 0:30:20 GMT -5
WASHINGTON (MarketWatch) - Industrial production rose in September, the largest gain since February, the Federal Reserve said Monday. The gain was above a MarketWatch-compiled economic forecast. Manufacturing output rose 0.1%, mining output added 0.2%, while utility output jumped 4.4%. For the third quarter, production rose at an annual rate of 2.3% compared with a 1.1% gain in the second quarter. Capacity utilization rose to 78.3% from 77.9%. This is the highest rates since July 2008. The report was originally scheduled for release on Oct. 17 but was delayed due to the federal government shutdown. daily weblog archives www.usdemocrats.com/weblogcompendium usdemocrats.proboards.comtwitter www.twitter.com/usdemocratsgeo information portal www.1t23.com
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