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US manufacturing output unexpectedly increases in December
Yahoo Finance· 2026-01-16 15:11
WASHINGTON, Jan 16 (Reuters) - U.S. factory production unexpectedly increased in December amid a surge in primary metals output that offset a decline at ​motor vehicle assembly plants, but activity contracted in the fourth quarter against ‌the backdrop of challenges from import tariffs. Manufacturing output rose 0.2% last month after an upwardly revised 0.3% ‌gain in November, the Federal Reserve said on Friday. Economists polled by Reuters had forecast production for the sector, which accounts for 10.1% ...