Investing.com - U.S. industrial production rose in November, according to data released on Friday.
The Federal Reserve reported that industrial output rose 0.6% last month after declining 0.2% in October.
October's reading was revised down from an initial 0.1% rise.
Economists had forecast industrial production rising 0.3%.
Meanwhile, manufacturing production was unchanged in November, compared to expectations for a 0.3% advance.
October’s reading was revised to a decline of 0.1% from a prior 0.3% gain.
The report also showed that the capacity utilization rate, a measure of how fully firms are using their resources, increased to 78.5% in November.
Economists had forecast it to rise to 78.6%.
October’s reading was revised down to 78.1% from the initial 78.4%.