BUSINESS PLANS

Industrial Production Rebounds

Advertisement

Jan. 17, 2007 -- Industrial production rose by 0.4 percent in December, driven by increased output in the high-tech and auto sectors, the Federal Reserve reported on Wednesday.

The gains followed a 0.1 percent decreases in three consecutive months, which dragged down overall production over the fourth quarter by 0.5 percent, the report said.

For the year, total industrial production rose 3.0 percent, while capacity expanded by 2.4 percent, the report said.

- next -

Last updated: Jan 17, 2007




Register on Inc.com today to get full access to:
All articles  |  Magazine archives | Livestream events | Comments
EMAIL
PASSWORD
EMAIL
FIRST NAME
LAST NAME
EMAIL
PASSWORD

Or sign up using: