WASHINGTON--A slump in motor vehicle production pushed down U.S. factory output unexpectedly in July, the Federal Reserve said last week. According to the Fed, automobile production fell 3.6 percent in July, the fourth decline in the last five months.
WASHINGTON, DC--U.S. manufacturers' output fell 0.4 percent in March, led by a large step-down in the production of motor vehicles and parts, the Federal Reserve announced last week. Factory output aside from motor vehicles and parts moved down 0.2 percent. For the first quarter as a whole, industrial production rose at an annual rate of 1.5 percent.
WASHINGTON--U.S. industrial output jumped in December, retracing the decline in November, which was bigger than originally reported, with consumer goods and utilities leading the way, the Federal Reserve reported last week.