US industrial production fell 0.3% in December
WASHINGTON (AP) — U.S. industrial production fell 0.3% in December, as unseasonably warm weather reduced demand for heating from utilities.The Federal Reserve said Friday that total industrial production — which includes the manufacturing, mining and utilities sectors — slumped 1% over the past year. Factory output has tumbled 1.3% from a year ago, driving much of the overall decline as manufacturers grappled with trade disputes and slower global growth in 2019.Still, factory o
Read more »