Manufacturing Output Falls in January
Washington, DC, Feb. 14, 2014 -- U.S. manufacturing output unexpectedly fell in January, according to the Federal Reserve.
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Severe winter weather was blamed for the 0.8% decline last month, the largest decline since May 2009.
The drop in factory output and a 0.9% fall in mining spurred a 0.3% fall in overall industrial production, the biggest drop since April.