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LATEST US DATA

Factory output falls in latest sign of weak growth

Manufacturers hurt by bloated inventories, strong dollar

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SILVER LINING: The output of motor vehicles and parts increased 0.2 per cent. Vehicle demand remains a mainstay for factories.

Washington

FACTORY output fell in September for a second month as high inventories and lukewarm demand from overseas customers kept American producers bogged down.

The 0.1 per cent drop at manufacturers, which make up 75 per cent of all production, followed a revised 0.4 per cent

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