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An Upside November Surprise In Industrial Activity

Industrial production beat expectations by a hefty degree in today’s November update. Output increased 1.1%, well above most estimates, including The Capital Spectator’s forecast for a modest 0.3% rise. In addition, October’s mild contraction was revised up to a modest gain. Although today’s release is good news for the economy, the trend may not be [...] View the full post at: An Upside November Surprise In Industrial Activity Related posts: Chicago Fed National Activity Index Shows Economic Activity Improved In November Manufacturing on the Upswing U.S. Private Employers Shed Fewer Jobs in November
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