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Manufacturing Shows Signs of Steadying as U.S. Oil Slump Wanes

The most that could be said of American manufacturing is that the worst is probably over.

Factory production was little changed in June for a second month, restrained by a drop in motor-vehicle output that may prove temporary, according to Federal Reserve data issued Wednesday in Washington. Excluding autos, it showed the biggest gain so far this year. Total industrial output climbed 0.3 percent, propelled by advances in mining and utilities.