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U.S. manufacturing output falls due to weak auto production in April
On May 15, the U.S. Federal Reserve said that U.S. manufacturing production fell more than expected in April amid a sharp decline in motor vehicle output, and the sector could struggle to regain its footing in Q2 because of tariffs.
Factory output dropped 0.4% in April after an upwardly revised 0.4% gain in March. Ec....
Factory output dropped 0.4% in April after an upwardly revised 0.4% gain in March. Ec....
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