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Manufacturing output falls amid weak auto production

Summary by BankBeat
Manufacturing output fell 0.4 percent last month amid relatively weak auto production numbers, according to the Federal Reserve.  Manufacturing output increased by the same percentage in March. Durable goods production fell 0.2 percent as the production of motor vehicles and parts fell 1.9 percent and the production of fabricated metal products rose 1 percent. The production of nondurable goods dropped 0.6 percent, with most major categories pos…
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BankBeat broke the news in on Thursday, May 22, 2025.
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