Story perspectives
US Industrial Production Surges 0.9% Amid Aerospace Boom
1/19/2025
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Story summary
- US industrial production increased by 0.9% in December 2024, surpassing the 0.3% forecast.
- Aerospace output surged by 6.3% following the resolution of a Boeing strike.
- Manufacturing output rose by 0.6%, with utilities and mining up by 2.1% and 1.8%, respectively.
- Capacity utilization stood at 77.6%, remaining below the long-term average.
