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U.S. Industrial Production Slumps Due To Strike At GM

Industrial production in the U.S. fell by much more than expected in the month of October, according to a report released by the Federal Reserve on Friday, with manufacturing production showing a notable decrease due to the since-resolved strike at General Motors. The Fed said industrial production tumbled by 0.8 percent in October after falling by a revised 0.3 percent in September.
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