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Fed reports fall in manufacturing in May; other sources more sanguine (access required)

U.S. manufacturing output fell in May, a new report from the Federal Reserve shows. The report, issued Friday, shows that industrial production decreased 0.1 percent in May following a 0.9 percent increase in April. Manufacturing production fell 0.7 percent in May, primarily because truck assemblies were disrupted by a major fire at a parts supplier. Excluding ...
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