STRONG RISE: Industrial production rose in October 0.7 percent, the most in three months, the Federal Reserve said Wednesday.
FACTORY POWER: Factory output, the biggest component of industrial production, rose 0.5 percent. Business equipment, electronics and trucks showed some of the biggest increases.
EUROPE THREAT: U.S. manufacturers remain vulnerable to the European debt crisis. A recession in Europe would likely squeeze sales for U.S. companies. Exports to Europe account for one-fourth of U.S. corporate revenue, analysts say.