Industrial Production Gains for Second Straight Month

.S. industrial production rose for a second straight month in November, the Federal Reserve said Thursday.

The 0.7% gain followed a 1.3% rise in October, which was the biggest jump in six years, the Fed said.

Factory output, which accounts for about 90% of industrial production, rose 0.3% following a 1.8% gain the previous month, the most in six years. The factory sector is one of trucking’s largest and most important customers.

The proportion of industrial capacity in use rose to 80.2% from 78.9% in October, the Fed said.