Economic Development News & Insight


US factory output rises at steady pace in February, fueled by jump in auto production

Christopher S. Rugaber / March 15, 2013 /

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In February, the manufacturing industry has helped the economic growth because automobile production has increased up to 0.8 percent.  Car sales are continuing to rise, which could be due to the fact that more cars are being made.  Industrial production has increased by 1.6 percent in the mining and utilities industries.

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