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Economic Report: U.S. Manufacturing Continues Its Decline - 05/16/08Economic Report: Manufacturing continues to fall according to new numbers from the Federal Reserve released on Thursday. Industrial production, including factories and mines, fell 0.7 percent in April. The number of plants being utilized also fell to 79.7 percent, that's the lowest number since September 2005. Motor vehicle production dropped 8.2 percent, continuing a month over month decline. Economic Report | Posted 05/15/2008 - 5:18pm | 302 reads
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