Growth in U.S. factory output unexpectedly declined in December, indicating a surge in Covid-19 infections exacerbated manufacturers’ ongoing struggles with material and labor shortages.
The 0.3% decrease followed a revised 0.6% gain in November, Federal Reserve data showed Friday. Total industrial production, which also includes mining and utility output, fell 0.1% in December.
"Factory" - Google News
January 14, 2022 at 09:17PM
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U.S. Factory Output Posts Surprise Drop on Short Supplies, Labor - Bloomberg
"Factory" - Google News
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