US industrial growth slows to 0.2

Federal Reserve data showed that U.S. industrial production growth slowed to 0.2% in the last month, below expectations of 0.3%. This slowdown indicates weak performance in the manufacturing sector, with growth dipping compared to the previous month’s 0.3%. There are concerns that this decline could persist, potentially leading to a slowdown in economic momentum, amidst challenges such as supply chain disruptions and demand fluctuations.

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