18Oct/109:49 AM
Video: Production in U.S. Unexpectedly Dropped in September: Video
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Oct. 18 (Bloomberg) -- Production in the U.S. unexpectedly dropped in September for the first time in more than a year, showing the industry that led the economy out of the recession is cooling. Output at factories, mines and utilities fell 0.2 percent, the first decline since the recession ended in June 2009, figures from the Federal Reserve showed today. Bloomberg's Betty Liu and Michael McKee report. (Source: Bloomberg) |
