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Industrial Production Continues Rebound | IN BRIEF
/ THE ECONOMY

July 17, 2002|Associated Press

Production at factories, mines and utilities increased for a sixth consecutive month, jumping by 0.8% in June, the largest monthly increase since October 1999, the Federal Reserve reported. It was better than the 0.5% many analysts were expecting.

Output increased in June for automobiles and parts, home electronics and computers and office equipment. Declines were reported in appliances, furniture and carpeting.

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