Hirunews Logo
US+factory+output+hit+by+%27severe+weather%27
Sunday, 16 February 2014 - 19:22
US factory output hit by 'severe weather'
15

Shares
1,839

Views
US factory output fell in January due to the "severe weather" that hit some parts of the country.

Output fell by 0.8%, the biggest drop in four-and-a-half years, the Federal Reserve said. Compared with a year earlier, output was up by 1.3%.

Car manufacturing was hit particularly hard, as many plants lost at least a day's production due to bad weather.

Analysts had been expecting a sixth straight monthly rise in overall factory output.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
News Image
Hiru News Programme Segments
1,066 Views
9,887 Views
4,686 Views
3,473 Views
172 Views
5,038 Views
Top