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VOL. 39 | NO. 7 | Friday, February 13, 2015

US factory output rose a modest 0.2 percent in January

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WASHINGTON (AP) — U.S. factory production edged up last month as manufacturers cranked out more computers, clothing, steel and other metals, offsetting declines in autos and aerospace.

The Federal Reserve says factory production increased 0.2 percent in January, after a flat reading in December. The data suggests manufacturing is still supporting economic growth, though is weaker than last year. Strong hiring has given Americans more money to spend, which has boosted demand for autos, electronics and other manufactured goods. At the same time, weak growth overseas has dragged down U.S. factories' exports.

Overall industrial production, which includes mining and utilities, also increased 0.2 percent in January, after slipping 0.3 percent in December. Utility output rose 2.3 percent as heating demand increased. Mining production fell 1 percent due to lower oil and gas drilling.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0