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Scott Horsley

U.S. factories emerge as a strong point in a weakening economy

Betsey Stevenson US Federal Reserve

Drew Greenblatt runs Marlin Steel Wire Products in Baltimore. Ten months ago, he bought a second plant in Indiana that supplies the auto industry, among other customers. (Drew Greenblatt)

It's been a very good year for U.S. manufacturing.

Factories added 467,000 jobs in the last 12 months. And factory production in September was the highest in 14 years, according to the Federal Reserve.

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