Industrial Production Unchanged in December

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Industrial production was unchanged in December, the Federal Reserve said Wednesday.

The gain in production at factories, mines and utilities followed a 0.3% increase in November.

Economists had forecast decline in production, Bloomberg reported.

The share of industrial capacity in use fell to 81.4% from 81.6% a month earlier, the Fed said.
 
The factory sector is one of trucking’s largest and most important customers.



 

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