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12-23

Federal Reserve Data Released: Industrial Output Continues to Decline

On December 17, 2024, the Federal Reserve released data showing that the output value of the US manufacturing, mining, and utilities sectors decreased by 0.1%. The October data was revised downward to a decrease of 0.4%. The growth rate of the manufacturing output value was 0.2%, and the October data was revised downward to a decrease of 0.7%.

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