Economics

Production Gain Shows U.S. Factories to Spur Growth: Economy

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American assembly lines churned out more cars, electronics and furniture in November, showing manufacturing will help the world’s largest economy strengthen in 2014.

Factory production climbed 0.6 percent last month following a 0.5 percent gain in October that was larger than previously estimated, according to figures from the Federal Reserve issued today in Washington. Total industrial output jumped 1.1 percent, the most in a year and propelled by a rebound in utility use as temperatures dropped.