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15 Dec
21:14

US industrial production, manufacturing output decline

Industrial production and output from the US manufacturing sector both fell in October, Kallanish learns from the latest data collected by the Federal Reserve. According to the Fed's industrial report, an index of US production fell by 0.6 points in October to a reading of 102.7 points for the month. The index uses production levels in 2017 as a base rate, set at 100 points. At the same time, industrial capacity utilisation rates across the US fell b…
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