mines

Manufacturing Rose 1.1% Last Month on Rebound from Sandy

U.S. factories rebounded in November from Superstorm Sandy, boosting production of cars, equipment and appliances. The Fed says factory output increased 1.1 percent from October, offsetting a 1 percent decline from the month before, which was blamed on the storm.

U.S. Industrial Production Surged in July

The 1% increase eases worries that activity in the sector that's so far led the U.S. economic recovery is cooling. The July increase was led by strong performances in the manufacturing and mining segments, while utilities cooled off.