Washington, Oct 17, 2024 (AFP) - US factory output contracts in September on strike, hurricanes

NAMPA / AFP

2024-10-17

US industrial production fell in September, the Federal Reserve said Thursday, with overall output bogged down by natural disasters and a monthlong Boeing worker strike that effectively shuttered some aircraft assembly plants. Industrial output slipped more than anticipated last month by 0.3 percent, reversing a 0.3 percent rise in August, according to Fed data. "A strike at a major producer of civilian aircraft held down total (industrial produc......

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