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(Bloomberg) — Industrial production surged in November by the most since May 2010 as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth.

The 1.3% gain in output at factories, mines and utilities followed a 0.1% increase the prior month that was previously reported as a decline, figures from the Federal Reserve showed today in Washington. Manufacturing rose 1.1%, the most in nine months, and output at utilities was the strongest in almost eight years.


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