U.S. Manufacturing Rose 1.1% in November on Rebound from Sandy

U.S. Manufacturing OutputBy MARTIN CRUTSINGER

WASHINGTON -- U.S. factories rebounded in November from Superstorm Sandy, boosting production of cars, equipment and appliances.

The Federal Reserve says factory output increased 1.1 percent in November from October. That offset a 1 percent decline in the previous month, which was blamed on the storm.

Total industrial output at factories, mines and utilities rose also rose 1.1 percent last month.

Auto production jumped 4.5 percent to lead widespread increases in factory output. It was the first increase in production at auto plants since July. Production of primary metals, wood products, electrical equipment and appliances all showed gains.

The increase in production is a hopeful sign that companies may not be panicking yet about looming tax increases that are set to take effect next month without a budget deal in Washington.

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The bloodshed from all these job cuts makes the US Civil War look like a school lunch room food fight..

December 16 2012 at 3:42 PM Report abuse -2 rate up rate down Reply
1 reply to Iselin007's comment

Too bad you're such a loser. My own position improved tremendously when Obama was elected in 2008. Yours not? Probably something to do with your own shortcomings.

December 18 2012 at 10:34 PM Report abuse rate up rate down Reply

It's so bad now I can only say these greedy bastarts need to burn now before they even get to hell!

December 16 2012 at 3:33 PM Report abuse -2 rate up rate down Reply

Now tell us about the crap jobs that older workers got stuck with after the 2000/2001 Tech Bubble and accellerated outsourcing sent the good manufacturing jobs out of the USA? The same crap jobs tossed out many of the older people at the beginning of the New Great Depression with eery excuse that could be dreamed up!

December 16 2012 at 3:31 PM Report abuse -3 rate up rate down Reply


December 16 2012 at 10:57 AM Report abuse -1 rate up rate down Reply
1 reply to icantgetnosatisfaction's comment

Now please don't be so harsh on Communism. Communism is what is making money hand over fist for your corporate masters. The People's Republic of China has more interest in America than America itself. It won't be long and we will be making weapons for America as well. You may want to get a jump start on learning Mandarin as you will need it to succeed.

December 16 2012 at 1:11 PM Report abuse +1 rate up rate down Reply

According to US Bureau of labor statistics, 500,000 jobs were outsourced from 2000-2009, from 2009-2012 2,023,392 jobs were outsourced since Obama took office.

December 15 2012 at 7:04 AM Report abuse rate up rate down Reply
2 replies to coochiescooter's comment

Thank you America! Republicans and Democrats alike have done so much for the great People's Republic. We know here in China American corporate greed is the name of the game and dumping American jobs is a top priority to satisfy the American lust for $$$! America is doing such a wonderful job of outsourcing it's capitalism to Communism. It's very amusing from this side of the world to see America decimating it's infastructure and it's tax base along with it. Don't blame the hard working Chinese, blame your politicians who have allowed the corporations to make the American worker the scapegoat.

December 16 2012 at 9:42 AM Report abuse +3 rate up rate down Reply

It's certain to be revised even worse with so many jobs haven been masked by the temp agencies who supplied many of the "just in time" no benefit temp workers, visa workers, and illegal immigrants. Now people can disappear from the BLS counts making things look positive and wonderful!

December 16 2012 at 3:39 PM Report abuse +1 rate up rate down Reply

And rose 9.9% in China.

December 14 2012 at 6:16 PM Report abuse -1 rate up rate down Reply

A false positive that has no lasting impact on the economy OR manufacturing...

With so many vehicles destroyed, both owned and on dealer lots/factory lots/FOB points, and so many homes damaged it would be absurd to NOT expect a significant uptick in the production and sales of replacement items.

December 14 2012 at 10:08 AM Report abuse rate up rate down Reply