US Manufacturing output falls again in February

By: Curtis Wayne   3/15/2019

According the new reports, U.S. manufacturing output fell for a second straight month in February.

The Fed said on Friday that manufacturing production dropped 0.4 percent last month.

“February’s drop in manufacturing production added to soft reports ranging from retail sales to housing in suggesting the economy lost significant momentum early in the first quarter.”

Many are forecasting Q1 GDP to be just above zero, but many European nations are already facing a recession. 

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