Industrial Production Increases in October

Industrial production increased 1.6% in October after moving down 1.3% in September. Total industrial production in October was 5.1% higher than its year-earlier level.

Manufacturing output increased 1.2% in October. Durable and nondurable manufacturing both increased 1.3%. The output of utilities rose 1.2%, and the index for mining increased 4.1% in October.

Read the Fed release.