Factory Output Rises in March for First Time Since November

April 15, 2015 1:22 PM

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Output at U.S. factories rose last month for the first time since November, pushed up by increased auto production.

The Federal Reserve said Wednesday that manufacturing output rose 0.1 percent in March, following a 0.2 percent drop in February. Automotive output rose 3.2 percent last month. But the Fed said factory production fell 0.6 percent in January, twice what it originally reported.

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