Positive news from the manufacturing sector: The Federal Reserve said on Friday that manufacturing production rose 0.2 percent last month, following a 1.0 percent increase in November. A drop in motor vehicle output was offset by increases in production of other durable goods, food and beverages, and other products.
The drop in overall industrial output was driven by a 5.6 percent decline among utilities, as demand for heating fell during an unseasonably warm December. That was on top of a 4.6 percent fall in the production of motor vehicles and parts in the month.
So there must have been several areas where production increased. Manufacturing output of food, beverage and tobacco products rose 1.3 percent, nonmetallic mineral products rose 2.3 percent, primary metals output rose 1.3 percent, and computer and electronics products rose 1.4 percent.
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