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US Industrial Production Stagnates as Factory Output Declines /
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2024-05-16 15:01:08

US Industrial Production Stagnates as Factory Output Declines on Nostr: US Industrial Production Stagnates as Factory Output Declines =============== ...

US Industrial Production Stagnates as Factory Output Declines
===============
#2bef6d19 ver:0.11

US factory output remained unchanged in April, disappointing analysts who expected growth. Manufacturing sector declined by 0.3%, impacted by drops in motor vehicles, parts, and electrical equipment. Rising input prices, inconsistent demand, and higher borrowing costs are hindering industrial production. Infrastructure spending delay adds to near-term challenges, but eventual reduction in borrowing costs and increased infrastructure spending should support factory activity. #USmanufacturing #industrialproduction #economy...

#newstr #UsIndustrialProduction #FactoryOutput #ManufacturingSector

https://here.news/story/2bef6d19?ver=0.11
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