U.S. factory output falls for a third time in 4 months

U.S. FACTORY OUTPUT Manufacturing output contracted 0.5% in April. / BLOOMBERG FILE PHOTO/TY WRIGHT/GETTY IMAGES
U.S. FACTORY OUTPUT Manufacturing output contracted 0.5% in April. / BLOOMBERG FILE PHOTO/TY WRIGHT/GETTY IMAGES
NEW YORK - United States factory production fell in April for a third time in four months with a broad decline led by weakness in machinery and motor vehicles, adding to signs of manufacturing sector weakness. Manufacturing output contracted 0.5% after an unchanged reading the prior month, according to Federal Reserve data Wednesday that missed…

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