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US industrial production slides more than expected

Published 05/22/08 Economy In Crisis - Print Article

American industry continues to slow:


Source Cityam:

US industrial production fell more than expected in April, with production levels affected by a large drop in the output of motor vehicles and parts.

The US Industrial Production Index fell 0.7% in April after a downwards revised 0.2% increase in March. Economists had been forecasting a 0.3% April decline.


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