• Economic Roundup: A Day of Welcome Surprises

    30 days ago - By Economy

    Industrial production rose more than anticipated.
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  • Industrial Production Rose 0.3%

    Industrial Production Rose 0.3%

    30 days ago - By Crossing Wall Street

    More good news for the economy.
    U.S. industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output, but momentum slowed sharply in the third quarter.
    The Federal Reserve said on Tuesday industrial production rose 0.3 percent last month after an unrevised 0.4 percent increase in August. Industrial output grew at a 3.3 percent annualized rate in the third quarter after accelerating at a 5.3 percent pace in the second quarter.
    The Fed said industrial output in September had been held down “slightly” by Hurricane Florence, which...
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