Industrial production in the US exceeded forecasts in October

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According to the US Federal Reserve, in November, industrial production in the country increased by 0.6% compared to October, when there was a decrease of 0.2%. The growth rate is two times higher than the growth by 0.3%, predicted by experts. The processing industry has kept production volume unchanged compared to October. In November, there was a growth in output of cars and parts for them by 0.3%. The output of industrial equipment also showed an increase by 0.5%, output of computers and electronics - by 0.2%. In the municipal sector, output increased by 3.3%, in the mining industry - by 1.7%. Companies producing oil and gas increased the indicator by 1.7%.

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