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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.
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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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.