Thursday, November 17, 2005

Output at the nations factories mines, and other manufacturing sites, rose at its fastest pace in 17 months. This rebound occurred in October. It occurred mainly because of the rebound after the hurricane season. The output was up .9% from September. One of the reasons why it rose was that oil refineries and natural gas facilities resumed production after the Hurricanes shut them down for a while. In September output fell by 1.5%, which was the largest percent drop in two decades. The economy is looking better and better each day because of hurricane recovery.

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