Economics
U.S. Factory Output Fell in January on Boeing Production Halt
A Boeing Co. 737 MAX 9 jetliner sits on the production floor at the company's manufacturing facility in Renton, Washington.
Photographer: David Ryder/BloombergThis article is for subscribers only.
U.S. factory output fell in January on the production halt for Boeing Co.’s 737 Max, showing how the grounding of the troubled plane will weigh on manufacturing and the broader economy in coming months.
Manufacturing output declined 0.1% from the prior month, matching projections, after a downwardly revised 0.1% gain in December, according to Federal Reserve data released Friday. Total industrial production, which also includes mines and utilities, fell 0.3% as unusually warm weather held down energy output.