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US industrial output fell 0.2 percent in July as factories struggle

U.S. industrial production fell 0.2 percent in July, as factory activity slumped in a worrisome sign for the economy. The Federal Reserve said Thursday that the overall decline was caused primarily by a 0.4 percent drop last month in manufacturing production. Output decreased for autos, fabricated metals, wood products, textiles and plastics and rubber products. Over the ...

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