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Economy And The Numbers

U.S. Industrial Production Falls 0.3% In October As Boeing Strike, Hurricanes Continue To Weigh

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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With the effects of recent hurricanes and the since-resolved strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October.

The report said industrial production fell by 0.3 percent in October after sliding by a downwardly revised 0.5 percent in September.

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