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U.S. Manufacturing Output Registers Largest Annual Increase, Fueled by Surge in Auto Production
2025-03-19 /
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Author：小编
According to data released by the Federal Reserve on Tuesday, U.S. manufacturing output experienced a robust growth of 0.9%, marking the largest increase observed in a year. This surge contributed to an overall industrial production rise of 0.7%. The primary catalyst behind this expansion was a notable uptick in auto production, which alleviated market apprehensions regarding potential weaknesses in the manufacturing sector. Additionally, mining production witnessed a 2.8% increase during the period, whereas utility production declined in February. Notably, the industrial production data from the previous month was revised downwards, now showing a more modest 0.3% increase.
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