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U.S. Industrial Output Rebounds in December

MarketWatch (01/18/12) Robb, Greg

The U.S. Federal Reserve reports the output of the nation’s factories, mines, and utilities rebounded in December after struggling in November. Industrial output increased 0.4% in December, in line with expectations. Output rose at a 3.1% annual rate in the fourth quarter. Capacity utilization increased to 78.1% in December from 77.8% in November.