Economics

U.S. Factory Output Rises More Than Forecast as Ida Impact Fades

Factory production rose 1.2% in October, most in three months
Output of motor vehicles, petroleum products rebounded

A worker welds a lawnmower frame together on the assembly line at a facility in Coatesville, Indiana.Photographer: Luke Sharrett/Bloomberg

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By Olivia Rockeman

November 16, 2021 at 2:16 PM UTC

Updated on

November 16, 2021 at 2:38 PM UTC

This article is for subscribers only.

Production at U.S. factories rose in October by more than forecast, bouncing back from the effects of Hurricane Ida and suggesting manufacturers are having a better time addressing materials shortages.

The 1.2% increase in manufacturing production followed a 0.7% decline in September, Federal Reserve data showed Tuesday. Total industrial production, which also includes mining and utility output, advanced 1.6% in October.