Sign in or Join FriendFeed
FriendFeed is the easiest way to share online. Learn more »
Steven Perez
U.S. Economy: Factory Output Falls for Fourth Month (Update1) - Bloomberg.com - http://www.bloomberg.com/apps...
"March 16 (Bloomberg) -- Industrial production fell in February for the fourth consecutive month, driven by declines in computers and machinery that point to a deepening slump in global business investment. Output at factories, mines and utilities dropped 1.4 percent last month and fell 11 percent since February 2008, the biggest year-over-year decline since 1975, the Federal Reserve said today in Washington. A report from the New York Fed showed manufacturing kept plunging this month." - Steven Perez from Bookmarklet