U.S. industrial production rebounds in November

WASHINGTON (MarketWatch)
The output of the nation's factories, mines and utilities surged in November after falling in the prior month, the Federal Reserve said Friday
Production rose 1.1% in November, the Fed said
This is the fastest pace in two years
Economists had been expecting only a 0.2% gain
The rebound from Hurricane Sandy and stronger auto output drove output higher
Production in October was revised down to a 0.7% fall from the initial estimate of a 0.4% decline