US manufacturing output rises marginally in February
US manufacturing output rises marginally in February
ReutersMon, March 16, 2026 at 1:29 PM UTC
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A worker prepares steel to be automatically welded at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. REUTERS/Vincent Alban
WASHINGTON, March 16 (Reuters) - U.S. factory production increased marginally in February as strength in motor vehicle output was offset by weakness in machinery, data showed on Monday.
Manufacturing output rose 0.2% last month after an upwardly revised 0.8% gain in January, the Federal Reserve said.
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Economists polled by Reuters had forecast production for the sector, which accounts for 10.1% of the economy, rising 0.1% after a previously reported 0.6% rise in January. Production at factories advanced 1.3% year-on-year in February.
(Reporting by Lucia Mutikani; Editing by Andrea Ricci)
Source: “AOL Money”
