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Manufacturing Production Dips in January
Friday, February 15, 2013
“Today’s manufacturing data, which show a 0.37% month-to-month drop in real manufacturing output in January, show that American industry remains perilously close to entering its second technical recession in less than a year,” warned Alan Tonelson, an economist and research fellow at the U.S. Business and Industry Council.

While acknowledging the revised November and December gains in industrial production, Tonelson said the figures “continue a pattern of up and down readings registered by American manufacturing since its inflation-adjusted output ended a 7-month cumulative decline at the end of the year.”


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