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October 16, 2008 · 8:30AM

U.S. Industrial Production Falls 2.8%, Most Since 1974

The Federal Reserve reported Thursday that U.S. industrial production declined 2.8% in September, the most in nearly 34 years, as factories were hit by the Gulf Coast hurricanes and a Boeing strike. Economists forecast a decline of a 0.8%. (CNNMoney)

Categories: Business & Finance Today · Construction, Manufacturing · Financial Services · Markets, Economic News

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