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Industrial production exceeded expectations with an increase of 1.1 percent in November. This was the greatest gain since November 2012. Manufacturing production rose 0.6 percent in November and production is up 3.7 percent over the past six months. Breaking down the manufacturing sector into durable and nondurable goods, production of durable goods rose by 0.8 percent and nondurables were up by 0.5 percent. Within durable goods, wood products, nonmetallic mineral products, fabricated metal products, furniture and related products, miscellaneous manufacturing, and electrical equipment, appliances, and components all increased by about 1 percent or more in November. Motor vehicle and parts output increased 3.4 percent. Within nondurable manufacturing production, the index for textile and product mills increased by 1.7. The indexes for petroleum and coal products and for chemicals edged up 0.9 percent.
There were small gains for paper, plastics, and rubber products, however slight losses occurred in the apparel and leather and printing support industries. Mining output increased 1.7 percent in November and the mining capacity utilization rate has increased by 1.1 percentage points to an overall capacity utilization rate of 89.7 percent. Utilities output increased 3.9 percent and the capacity utilization rate for utilities also increased 2 percentage points, for an overall capacity utilization rate of 81 percent. Overall capacity utilization for November rose 0.8 percentage points to 79 percent due to increases in productions.