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Strategies & Market Trends : Paint The Table

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To: Oral Roberts who wrote (14896)2/15/2002 12:31:25 PM
From: MulhollandDrive  Read Replies (1) of 23786
 
Friday February 15, 11:54 am Eastern Time
Industrial Output Fell Again in January
By Jonathan Nicholson

WASHINGTON (Reuters) - U.S. industrial output slipped again in January, the Federal Reserve said on Friday in a report that still offered some hints of stabilization in the hard-hit manufacturing sector.
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The Fed said the output of the nation's factories, mines and utilities fell 0.1 percent in January, its sixth straight drop after a revised 0.3 percent slide in December. Capacity in use fell to 74.2 percent, its lowest level since April 1983.

However, manufacturing output, which makes up the bulk of industrial production, was unchanged in January -- the first month since July that factory output had not fallen. Overall production excluding motor vehicle assemblies was also flat....


biz.yahoo.com
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