12/24/2024

U.S. Industrial Production Fell in March

WASHINGTON—U.S. industrial output slowed in March, a sign that weakness persists for manufacturers and the energy industry.

Industrial production—a broad gauge of output across U.S. factories, mines and power plants—decreased a seasonally adjusted 0.6% in March from the prior month, the Federal Reserve said Friday. Output has fallen for six of the past seven months. From a year earlier, industrial production decreased 2% in March…

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