39664
US Factory Output Falls
World Economy

US Factory Output Falls

US industrial production fell in March, data released by the Federal Reserve Friday showed. Manufacturing output dropped by the most in a year while mining output continued to shrink, signaling a slump in economic growth in the first quarter, Reuters reported. Industrial production data decreased 0.6% in March, the Federal Reserve said in the release, after a 0.6% drop in February. The numbers, which are seen as broad gauge of output across US factories, mines and power plants, have noted falls in six of the last seven months.

 

Short URL : http://goo.gl/q6zcrU
  1. http://goo.gl/RhWVTZ
  • http://goo.gl/6y3PZU
  • http://goo.gl/55LA69
  • http://goo.gl/cvs2MT
  • http://goo.gl/6vzkMV

You can also read ...

Cybercrime cost has jumped by $155 billion since 2014.
Global businesses are losing the equivalent of nearly 1% of...
US Presses India to Cut Tariffs
US businesses and diplomats are pressing India to cut tariffs...
Pakistan to Be Placed Back on FATF List
Pakistan will be placed back onto an international terrorism-...
UAE Inflation  to Rise to 3.3%
Inflation is expected to rise to 3.3% in the UAE as the 5%...
Turkey will have the widest current account deficit this year at 4.5% of GDP, followed by Argentina and Colombia.
As the US and European countries embark on a monetary...
Europe’s main London, Frankfurt and Paris markets barely budged in early moves.
A stronger dollar and slightly higher global borrowing costs...
The ECB expressed more confidence that inflation would converge over time to its 2% target.
Released within 24 hours of each other this week, the minutes...
Fitch in November affirmed the country’s BB+ stable outlook rating.
Fitch, the ratings agency that cut South Africa’s sovereign...

Trending

Googleplus