Manufacturing Production Rises

"The report from the Federal Reserve that manufacturing production rose a healthy 0.5 percent in August, following an even stronger revised 0.9 percent increase in July, confirms that the recovery is real and durable,” said David Huether, chief economist of the National Association of Manufacturers. “This news confirms that manufacturing production is now at a record high, surpassing the previous peak of June 2000.”

The Federal Reserve reported that August industrial production edged

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