U.S. fac­tory pro­duc­tion re­bounded in Septem­ber

Baltimore Sun - - BUSINESS MARYLAND -

U.S. man­u­fac­tur­ers saw a mod­est boost in out­put last month, led by greater pro­duc­tion of con­struc­tion sup­plies, cars and pe­tro­leum prod­ucts.

Fac­tory pro­duc­tion rose 0.2 per­cent in Septem­ber, fol­low­ing a de­cline of 0.5 per­cent in the pre­vi­ous month, the Fed­eral Re­serve said Mon­day.

Even with the gain, man­u­fac­tur­ing out­put has been flat in the past year. The sec­tor has been im­peded by sev­eral fac­tors: weak busi­ness spend­ing on ma­chin­ery and other equip­ment, a strong dol­lar that has made U.S. goods more ex­pen­sive over­seas, and sharp cut­backs in oil and gas drilling that have low­ered de­mand for pipe­line and other sup­plies.

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