U.S. manufacturing output flat as auto production falls
Share:
WASHINGTON (Reuters) - U.S. manufacturing output was unchanged in March after two straight monthly declines, leading to the largest quarterly decrease in production since 2017.The Federal Reserve said on Tuesday manufacturing production last month was restrained by weak motor vehicle and wood products output. Data for February was revised up to show output at factories falling 0.3 percent instead of declining 0.4 percent as previously reported.Economists polled by Reuters had forecast..