Posts Tagged ‘factories’

Largest Drop in Output Since End of WWII

Wednesday, April 15, 2009 9:42 No Comments

The Federal Reserve reports the output of the nation’s factories, mines and utilities fell 1.5% in March, with an uptick in the production of motor vehicles and utilities.
Industrial production has dropped 13.3% December 2007, the largest percentage decline since the end of World War II, when production of military equipment seized and production fell 35%.
In [...]

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