WASHINGTON—U.S. factory production, home building and the job market showed signs of a pickup, offering additional signals that the U.S. economy is firming. Factory production rebounded strongly in November as auto-industry output picked up after the General Motors Co. strike ended, the Federal Reserve said Tuesday. Industrial production, a broader measure of factory, mining and utility output, increased a seasonally adjusted 1.1% in November from the prior month.
Source: Wall Street Journal December 17, 2019 14:53 UTC