Friday, June 15, 2012

U.S. Industrial Output Falls

The most "unexpected" 3 1/2 years in the history of man.
U.S. industrial production unexpectedly fell in May, with a slump in manufacturing activity providing another sign of concern for the economic recovery.
Industrial production last month slipped 0.1%, the Federal Reserve said Friday. April's output figures were revised down slightly to a 1.0% gain, versus an initial estimate of a 1.1% jump.

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