U.S. industrial output rebounds in December

WASHINGTON (MarketWatch)
The output of the nation's factories, mines and utilities rebounded in December after struggling in November, the Federal Reserve said Wednesday
Industrial output rose 0.4% in December, in line with expectations
Output fell a revised 0.3% in November, slightly worse than the previous estimate of a 0.2% decline
Despite the month-to-moth volatility, output rose at 3.1% annual rate in the fourth quarter.
Factory activity alone rose 0.9% in December after a 0.4 decrease in November.
Capacity utilization - a gauge of slack in the economy - rose to 78.1% in December from 77.8% in November