Industrial Production Up, Manufacturing Slows

Washington, DC, Oct. 28, 2013 — Industrial production in September rose 0.6%, the Federal Reserve reported.

This is the biggest monthly gain in seven months.

The increase was larger than forecast. Economists expected 0.4% growth in September. Production rose 0.4% in August.

Manufacturing output edged up 0.1% after a 0.5% gain in the prior month. Utility production rose 0.2%.