Industrial output slumps for second straight month in November

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The numbers: Industrial production fell 0.2% in November, the Federal Reserve reported Thursday. It is the second straight monthly decline.

The gain was below Wall Street expectations of a 0.1% gain, according to a survey by The Wall Street Journal.

Capacity utilization slipped to 79.7% in November from 79.9% in the prior month. The capacity…

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