InfoAnda - US industrial output falls to 2002 low

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

France threatens Afghan pullout after troops killed | | 21 January 2012
Dutch women in World Cup beer stunt released on bail | 16 June 2010
Britain says eighth embassy worker freed by Iran | 6 July 2009

Search for downed Afghan plane to resume at dawn | 18 May 2010

">Forum Views () ">Forum Replies ()

Read more with google mobile : US industrial output falls to 2002 low

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: US industrial output falls to 2002 low AFP - Tuesday, March 17 WASHINGTON (AFP) - - US industrial production fell for the fourth consecutive month in February, to a 2002 low, as the manufacturing sector reeled from recession, government data showed Monday. ADVERTISEMENT A separate report on manufacturing in the state of New York showed a steep deterioration in conditions in March, signaling further pain for the country's battered manufacturing sector. The Federal Reserve reported industrial production fell a seasonally adjusted 1.4 percent from January, slightly more than analysts' consensus forecast of a 1.3 percent drop. Industrial output, at its lowest level since April 2002 in February, was 11.2 percent lower than a year ago. "The monthly numbers are erratic but the trend is clearly downwards," said Ian Shepherdson, chief US economist at High Frequency Economics. "There is no relief in sight as inventories rocket and exports plunge." The Fed's industrial output index last rose in October and has fallen a combined 6.8 percent in the past four months. The index has declined for 10 of the past 12 months. The Federal Reserve central bank said that the capacity utilization rate dropped to 70.9 percent in February, slightly below the consensus 71.0 percent, from a revised 71.9 percent in January. The February industrial capacity utilization reading was 10 percentage points below its average in the 1972-2008 period and matched a historical low in December 1982, during a severe recession, the Fed noted. The data has been tracked since 1967. "If anyone is worried about bottlenecks forming when the economy eventually rebounds, forget it. Manufacturing capacity utilization is as low as we have seen it except during the steep recession in the early 1980s," said Joel Naroff at Naroff Economic Advisors. Manufacturing production, excluding mining and utilities, declined in February for the fourth straight month, by 0.7 percent. On a 12-month basis, manufacturing was down 13.7 percent. "After falling to a historical low in January, the factory operating rate, which dates back to 1948, moved down an additional 0.5 percentage point in February, to 67.4 percent," the Fed said. An increase in auto and auto parts production in February after plant shutdowns in January offset the manufacturing decline by nearly a half percentage point, the central bank said. Mining output dipped 0.4 percent in February, and output in the utilities sector plunged 7.7 percent, in part due to above-average temperatures that lowered energy demand. Separately, the Federal Reserve Bank of New York said its monthly survey of manufacturers in New York state showed conditions "deteriorated significantly in March." The overall Empire State index fell 3.5 points to a fresh low 38.2 points, while new orders and shipments indexes also fell to record lows. Naroff said the early data on March activity was "pretty ugly" and noted that "with orders continuing to dwindle, it is hard to see that a bottom may be forming." Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Most Popular – Top Stories Viewed Twin boys for Charlie Sheen and wife Arrest warrant issued for Lindsay Lohan For sale: nagging wife, very high maintenance Bailed-out AIG plans bonuses worth millions: report World Bank warns of "very dangerous" year ahead View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Tuesday, 17 March 2009
U.S. forces shot down Iranian drone over Iraq | International |
Differences remain in talks over Israeli soldier | International |
Merkel says EU must consolidate before growing | International |
Life in North Korea dire and desperate, U.N. forum told | International |
U.N. aid workers freed after kidnap in Somalia | International |
Kuwait ruler accepts cabinet resignation in new crisis | International |
Hearst prints final Seattle PI as newspapers dwindle | Technology |
E-prescribing to soar with new spending | Technology |
Phone firms seek low bar for broadband grants | Technology |
Cisco to sell servers aimed at data centers | Technology |
Obama to appear on the Tonight Show | Entertainment |
Elvis memorabilia offered in online auction | Entertainment |
Bands often scalp tickets: Nine Inch Nails' Reznor | Entertainment |
Egypt author wins Arab fiction prize for Beelzebub | Entertainment |
Madagascar's president isolated but defiant | International |
US military shoots down Iranian drone
No deal reached in Israel-Hamas prisoner talks
Reformist Khatami quits Iran presidential race
Britain's Brown says should have curbed markets
Israel says Hamas hardens stance in soldier release talks
Chrysler insists it will avoid bankruptcy
Khatami pulls out of Iran's presidential race
OPEC chief demands rich nations act on crisis
US military says Iraqi girl killed in US shooting
In power, El Salvador ex-rebels seek U.S. ties | International |
US intervenes to boost small business loans
Sudan wants foreign groups to stop distributing aid
Iran's Khatami says out of presidential race | International |
Turkey disregards minority rights in schools
Shooting inside Madagascar presidency: AFP
North Korean premier lauds China as regional anchor | International |
Iraqis most upbeat since 2003: poll
US industrial output falls to 2002 low
Best view in Rio? Pushing limits of slum tourism | International |
Iraqi fan kills soccer player in close game
Riot police quell protest as water forum opens
Modernization poses new challenges for Tibetans | International |
More flee as Sri Lanka rebels mount suicide attack | International |
INSIDE WASHINGTON: Rivalry stymies wind-power goal
8 Dems oppose quick debate on global warming bill
EU 'fact-finding' mission on Guantanamo inmates
U.S. raises new anti-terrorism approach with EU
Red Cross report renews call for probe of Bush era
Intel says AMD breached patent licensing pact
US military deaths in Iraq war at 4,259
www@20: How the techies tamed the cyber zoo
Mexico retaliates with tariffs on 90 US products
Apple Mac U.S. units down 16 pct in February: NPD
Cisco to go head-to-head with HP, IBM
Peace Corps pulls out of Madagascar due to unrest
US says it shot down Iran drone north of Baghdad
Hearst prints final Seattle PI as newspapers dwindle
Thousands of Tamils decry Sri Lankan 'genocide'
Cisco to sell servers aimed at data centers
Baptized by Fire: Men of Killer Blue face future
Russian woman held for eating friend: report
Potty-mouthed video game grabs profanity record
Vatican website to be available in Chinese
Zombies, stories and wordplay win SXSW Web awards
Phone firms seek low bar for broadband grants
NGO expelled from Darfur considered ICC cooperation | International |
Malaysian lawmaker charged with sedition
Obama faces shoot-down dilemma with NKorea launch
NKorea premier visits China amid missile tensions
9th Australian soldier dies in Afghanistan
NATO soldier dies after attack in Afghan south
China labor activist free after 7 years jail
Hearst prints final Seattle PI | Technology |
Philippine unemployment rises: govt
"Traveler's Wife" to embark this summer
Elvis memorabilia offered in online auction | Technology |
Bomb lobbed at police station in China's west
Japanese fashion robot to hit Tokyo catwalks | Technology |
NKorean premier arrives in China amid tensions
Intel says AMD breached patent licensing pact | Technology |
No Japan-China summit this month: officials
Shanghai probes waterlogged beef food scare
Apple Mac U.S. units down 16 pct in February: NPD | Technology |
Disney cuts 30 jobs in HK as park expansion stalls
S.Korea says raised US swap extension during G20
Rudd, Segel bring perfect chemistry to bromance
Taiwan dollar scales 1-week high on econ optimism
White House: Obama to appear on Leno's show
South Korean bonds rise on extra budget plan
Steve-O skips `Dancing' because of back injury
Seoul shares up;stronger won lifts banks, airlines
Tween "Dora" won't be a bad girl, say guardians
S.Korean department stores enjoy brisk sales on won drop
DJ AM seeks $20 million for plane crash damages
Connick set to receive honorary Tulane degree
'Good Negro' examines '60s civil rights movement
"The Greatest" inks distribution deal with Senator
Indonesia wants solution for Myanmar boat people
Review: Rudd, Segel elevate `I Love You, Man'
'Witch Mountain' casts box office spell
Family Guy wins court battle over song | Entertainment |
Tween Dora won't be a bad girl, say guardians | Entertainment |
Heath Ledger's music videos come to light | Entertainment |
Rudd, Segel bring perfect chemistry to bromance | Entertainment |
Andy Samberg to host MTV movie awards | Entertainment |
Sopranos creator Chase reveals Dreams for HBO | Entertainment |
Traveler's Wife to embark this summer | Entertainment |
The Greatest inks distribution deal with Senator | Entertainment |
Pope begins Africa tour | International |
Hamas says hopes Israel will resume talks on soldier
Israel could use ballistic missiles against Iran: report | International |
Iran's Khatami says out of presidential race
American U.N. official kidnapped in Pakistan said sick | International |
Iraq urges execution of Saddam-era officials | International |
EU faces protests despite recovery signs
Hamas says hopes Israel will resume talks on soldier | International |
Curb climate change to save polar bear: Norway
Darfur peacekeeper killed in ambush: force spokesman | International |
Pope takes off on first trip to Africa
North Korea slows disablement pace further: report | International |
Isolated Madagascar president faces end of reign
More flee as Sri Lanka rebels mount suicide attack | International |
Miniature carnivore dinosaurs roamed North America
Pakistan to restore democracy in key province: PM | International |
UV light can zap TB in hospitals: study
Curb climate change to save polar bear: Norway
Dell unveils world's thinnest laptop | Technology |
Nokia to cut 1,700 jobs in sinking phone market | Technology |
India leaders blog, text to plug in to young voters | Technology |
US-TECH Summary
Cybersquatting cases hit record in 2008
Cybersquatting cases hit record in 2008 | Technology |
Dell unveils world's thinnest laptop
India leaders blog, text to plug in to young voters
Money management sites promise financial salvation
Japanese fashion robot to hit Tokyo catwalks
US-TECH Summary
Dell unveils world's thinnest laptop
Amy Winehouse denies assault charge | Entertainment |
Natasha Richardson critically injured | Entertainment |
India: Nehru relative to face hate crime charges
China voices concern as tensions flare in Koreas
12 SKoreans who survived Yemem bombing return home
Malaysia's leadership battle hit with corruption probe
China's milk victims complain of intimidation
Pakistan to restore democracy in key province
Bomb blast in Tibetan area: police
China concerned over situation on Korean peninsula
Yemen bomber posed for pics with SKoreans: report
China phone carrier expands data network to Europe
Imus in Mass. a day after his cancer announcement
Bank of Japan announces fresh crisis measures
Amy Winehouse pleads not guilty to assault
South Korea to propose $12 bln stimulus package
Natasha Richardson reportedly critically hurt in accident
Philippine unemployment rises 7.7 percent
Amy Winehouse denies assault charge
Tyra: `Top Model' auditions to resume after melee
Kyrgyz deficit to be covered by Russian aid
Screenwriter Millard Kaufman dies at 92
S.Korea to sell up to 19 trln won bonds for budget
The dark side of Cuban cigars
HK's jobless rate rises to 5 percent, 3-year high
Hong Kong moves to send plastic bags packing
Elbit's Elisra gets $25 mln South Korea contract
NKorea reopens border to SKoreans at showpiece zone
Indonesian plane badly damaged in runway mishap
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01