US Manufacturing Jumps
US manufacturing production jumped 1.4% in October, its biggest monthly rise in six years, according to figures from the Federal Reserve.
The increase was boosted by businesses recovering after the hurricanes that hit output in August and September, and growth in the aerospace sector.
The wider industrial output figure, which also includes figures for gas, oil and mining rose 0.9%.
This was the fastest growth in industrial output since May last year. The figures were in-line with market expectations.
Source: BBC.
There are currently no comments on this thread.