Industrial production in March posts biggest drop since 2009

April 15, 2015 2:43 PM

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U.S. industrial production registered the biggest drop in almost six years last month, another sign that the economy got off to a stumbling start in 2015.

The Federal Reserve said Wednesday that industrial production — which includes factories, utilities and mines — slid 0.6 percent in March, the biggest drop since a 1.1 drop in May 2009. For the first three months of the year, industrial output fell at an annual rate of 1 percent, the worst quarterly...

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