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U.S. manufacturing production beats expectations - Metro US

U.S. manufacturing production beats expectations

An employee works on the sealer line in the paint department during a tour of an automobile plant in Marysville

WASHINGTON (Reuters) – U.S. manufacturing output increased more than expected in November, boosted by motor vehicle production, but momentum could slow in the months ahead as a fresh outbreak of COVID-19 infections keep workers at home and temporarily shut down factories.

Manufacturing output rose 0.8% last month, the Federal Reserve said on Tuesday. Data for October was revised up to show production at factories increasing 1.1% instead of 1.0% as previously reported. Factory production remains below its pre-pandemic level. Economists polled by Reuters had forecast manufacturing output rising 0.3% in November.

(Reporting by Lucia Mutikani)

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