Economic Update: More Gain Than Pain In Manufacturing

SP Capital IQ  |

Never judge a book by its cover. Although declining mining and weather-dependent utility output spurred a drop in industrial production last month, manufacturing actually climbed 0.3% and is up by 3.3% since last October. In this segment, Standard & Poor’s U.S. Economist Satyam Panday discusses the positive takeaways from October’s Industrial production data.

 

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