US industrial production rebounds in January

US industrial production rebounded in January from a three-month slowdown as cold winter weather pushed up utility demand, the Federal Reserve reported Wednesday.

Total industrial output rose 0.9 percent in January, after falling 0.7 percent in December as unseasonably warm weather in large parts of the country had suppressed production by power stations and other utilities.

Utilities output jumped 5.4 percent in January on soaring demand for heating and electricity amid a historic blizzard that blanketed the Northeast.