U.S. manufacturing production unexpectedly contracts in Jan.

U.S. MANUFACTURING OUTPUT fell 0.9 percent after a downwardly revised 0.8 percent increase in the prior month. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
U.S. MANUFACTURING OUTPUT fell 0.9 percent after a downwardly revised 0.8 percent increase in the prior month. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
NEW YORK - United States factory production unexpectedly contracted in January, shrinking the most in eight months on weakness in the automotive sector and indicating…

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