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  • April U.S. Mid-Atlantic factory output weak-survey

    04/17/2003 9:43:04 AM PDT · by Starwind · 44 replies · 192+ views
    Biz.Yahoo/Reuters ^ | April 17, 2003
    April U.S. Mid-Atlantic factory output weak-survey Thursday April 17, 12:11 pm ET NEW YORK, April 17 (Reuters) - Manufacturing in the U.S. mid-Atlantic region remained weak in early April as factories trimmed production and economic activity paused during the U.S.-led war in Iraq, but expectations for the future were more upbeat. The Federal Reserve Bank of Philadelphia said on Thursday its April index of factory business conditions fell to -8.8 from -8.0 in March, the second month of shrinking output. That was below the -4.9 reading forecast by economists, but not as weak as many in the market feared. The...