U.S. Sees Slight Expansion in Manufacturing Production

After pulling back in August and September due to supply chain disruptions, U.S. manufacturing production rebounded in October, rising by 1.2%. Durable and nondurable goods production were both up by 1.3% for the month, according to Chad Moutray, chief economist for the National Association of Manufacturers.

OMA Connections Partner RSM notes total U.S. industrial production rose 1.6% in October, rebounding from the 1.3% decline seen in September. 11/17/2021

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