Economics
Growth in Slow Start as U.S. Factories Curb Output: Economy
Fed: Industrial U.S. Production Rose 0.2% in Jan.
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Factory production rose less than forecast in January and home construction fell, showing the U.S. economy is off to a slow start in 2015.
Output at factories climbed 0.2 percent and figures for the previous three months were revised lower, data from the Federal Reserve showed Wednesday in Washington. Total industrial production, which also includes mining and utilities, climbed less than projected as oil-well drilling slumped. Housing starts dropped 2 percent, according to the Commerce Department.