US manufacturing output falls in March; rebounds in first quarter

WASHINGTON – Production at U.S. factories fell more than expected in March, but eked out a modest gain in the first quarter. Manufacturing output dropped 0.5 percent last month, the Federal Reserve said on Friday. Data for February was revised higher to show production at factories increasing 0.6 percent instead of edging up 0.1 percent … Continue reading US manufacturing output falls in March; rebounds in first quarter