WASHINGTON (AP) -- Industrial output posted a bigger-than-expected rebound in October after plunging in September by the largest amount in over 60 years.
The Federal Reserve says industrial output rose 1.3 percent last month, reflecting a return to more normal operations following hurricanes and a strike at aircraft manufacturer Boeing Co. the previous month.
Those disruptions along with the weak economy caused industrial production to fall by 3.7 percent in September, the biggest one-month drop since a 5 percent plunge in February 1946.
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