Mumbai, Dec. 24 -- A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November.
The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October.
The slightly bigger than expected increase by industrial production largely reflected a rebound by mining output, which jumped by 1.7 percent in November after falling by 0.8 percent in October.
Meanwhile, the report showed a pullback by utilities output, which decreased by 0.4 percent in November after surging by 2.6 percent in October.
The Fed also said manufacturing output came in virtually unchanged in November after dropping by 0.4 percent in Oct...