Industrial production rebounds as auto gains lift October
The Federal Reserve reports a 1.6 percent rise in industrial output in October after a 1.3 percent drop in September. Economists expect a 0.7 percent gain in November. Home construction data due today should show faster housing starts than October, aided by strong demand despite higher materials costs and supply chain delays.
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Regents approve plan to adjust health insurance rates and housing fees
Regents preliminarily approved a March test free option then formalized admission changes. They raised health insurance rates for three groups by 7.9 percent while other students face about a 30 percent hike next year. Voluntary purchasers will be charged a separate rate and barred from insuring dependents. Housing and dining fees rise 2.5 to 3 percent at KU. K State and Wichita State hold steady. New English proficiency standards for instructors set clearer testing requirements.
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