U.S. manufacturing production accelerated in October, though exploding new COVID-19 infections across the country could cause disruptions at factories and leave the recovery in jeopardy, Reuters reported. Manufacturing output increased 1.0 percent last month, the Federal Reserve said yesterday. Data for September was revised up to show production at factories gaining 0.1 percent instead of decreasing 0.3 percent as previously reported. Factory production remains below its pre-pandemic level.
