Byline: Associated Press
The operating rate for U.S. factories declined for the second consecutive month in March to 84.0 percent, the first back-to-back drop in nearly three years and a clear sign that the economy is cooling, the government said today.
The Federal Reserve Board said the March operating rate was 0.2 percentage points lower than February's 84.2 percent level and 0.4 percentage point below the January level of 84.4 percent, which was the highest in nearly a …
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