US Factory Output Surges to Highest Gain in 4 Months

US Factory Output Surges to Highest Gain in 4 Months
A worker operates a metal cutting machines at Gent Machine Co.'s factory in Cleveland on May 26, 2021. Timothy Aeppel/Reuters
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Production at American factories accelerated in February 2022, indicating strength in the domestic manufacturing sector that has been rattled with high costs and persistent supply chain issues.

Manufacturing output rose by 1.2 percent after remaining almost flat for the previous two months. This is the highest monthly gain in four months. In October, the index had risen by 1.7 percent, the Federal Reserve said in a March 17 news release.
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