U.S. industrial production rose 1.3% in October, the Federal Reserve said Monday.
The increase in production at factories, mines and utilities followed a revised 3.7% drop in September.
Manufacturing, which accounts for about four-fifths of industrial production, rose 0.6%.
Economists had forecast production would rise 0.2% Bloomberg reported.
The share of industrial capacity in use rose to 76.4%, from 75.5% in September.
The factory sector is one of trucking’s largest and most important customers.
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