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Posts from January 2011

Industrial Production Sees Largest Increase In Months

WASHINGTON (AP) — Industrial production rose in December by the largest amount in five months, providing the economy with solid momentum heading into the new year. The Federal Reserve reports that activity at factories, mines and utilities increased 0.8 percent last month. Industrial production showed gains in every month but one in 2010. Overall industrial activity has risen 11 percent since hitting its recession low in June 2009. But it is still...