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U.S. factory output falls 0.4 percent in April

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By MARTIN CRUTSINGER

AP Economics Writer

WASHINGTON (AP) -- U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.

The Federal Reserve said Wednesday that manufacturing output dropped 0.4 percent in April from March. It was the third decline in four months and the biggest since October.

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