Hurricane Sandy, budget fears curtail factory output in October

Posted: November 17, 2012 at 2:55 a.m.

Employees at FesslerUSA in Orwigsburg, Pa., count and stack T-shirt components last month. The Federal Reserve said Friday that disruptions from superstorm Sandy were behind a 0.9 percent decline in factory output in October from September.

U.S. factory production of machinery and equipment fell sharply last month, held back by temporary disruptions caused by Hurricane Sandy and companies’ fears that a federal budget crisis could trigger a recession next year.

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Business, Pages 31 on 11/17/2012


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