Manufacturing Pullback Flashes Indicators of Financial Slowdown – The Wall Avenue Journal


U.S. manufacturing output declined for the second consecutive month in February, a fresh sign that a long-predicted slowdown is hitting the U.S. economy.

Output at U.S. factories decreased 0.4% in February after falling 0.5% in January, according to Federal Reserve data released Friday. While the January drop was largely tied to tumbling auto production, February’s decline appeared more broad-based, spread across sectors including machinery, electronics and apparel.



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