Last updateWed, 30 Sep 2020 2pm

Manufacturing & The Economy

Durable Goods Manufacturing Down 0.2% in December

The Federal Reserve reports that industrial production in the U.S. declined 0.3% in December, as a decrease of 5.6% for utilities outweighed increases of 0.2% for manufacturing and 1.3% for mining. The index for durable goods manufacturing slipped 0.2%, as a decrease for motor vehicles outweighed widespread increases in other industries.

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