US Manufacturing Production Tops November Forecasts

US Manufacturing Production Tops November Forecasts
Containers are seen on a shipping dock in the Port of Los Angeles, on April 16, 2020. Lucy Nicholson/Reuters
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WASHINGTON—U.S. manufacturing output increased more than expected in November, boosted by motor vehicle production, although momentum could slow as a fresh outbreak of COVID-19 infections keeps workers at home and temporarily shuts factories.

Other data on Dec. 15 suggested that a benign inflation environment could persist, with import prices barely rising last month even as the dollar has weakened against the currencies of the United States’ main trade partners.