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By Doug Barrett Feb 21, 2021 12:48 PM American industry expanded in January for the fourth straight month but has not returned to pre-pandemic levels. The Federal Reserve reports that U.S. industrial production – which includes output factories, mines and utilities – rose 0.9% last month on top of increases of 1.3% in December, 0.9% in November and 1.1% in October.   Those end-of-the-year stimulus checks got Americans shopping again. The Commerce Department says retail sales soared a seasonally adjusted 5.3% in January from the month before as the $600 stimulus checks pushed people to buy furniture, clothing and appliances. That’s the biggest increase since June.   Sales of previously occupied U.S. homes rose again last month, a sign that the housing market’s strong momentum from 2020 may be carrying over into this year. The National Association of Realtors says existing home sales rose 0.6% in January from the previous month to a seasonally adjusted rate of 6

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