Your English writing platform
Discover LudwigSuggestions(2)
Exact(2)
This knocked 0.18 percent off G.D.P., while slightly smaller amounts of damage were done by declines in factory output and in the "government and other services" category, where the Olympics had lifted sports and recreation services in the third quarter.
Hard on the heels of a downgrade of its growth forecasts from the US Federal Reserve came a serious of disappointing economic figures including a third monthly fall in producer prices and declines in factory activity in New York and the mid-atlantic.
Similar(58)
The decline in factory output came as new data offered a mixed picture of the recovery.
July's decline in factory orders surpassed the previous record drop of 6.6percentt in December 1974.
Economists said the decline in factory orders would result in manufacturers hiring fewer workers.
The 1.4percentt decline in factory orders for November followed gains of 2.4percentt in October and 1.4percentt in September.
Combined with a 10th consecutive decline in factory inventories, the report suggests increased production in coming months.
The decline in factory orders was led by reduced demand for aircraft, automobiles and other durable goods.
In November, both Brazil and China experienced a decline in factory activity, while growth slowed in India and Turkey.Big emerging economies are suffering from the euro crisis in two big ways.
The average decline in factory output for the 17-country euro zone was 1.1 percent, according to Eurostat, the E.U. statistics agency.
In trading early Friday in Asia, stocks fell for the first day in four after the government reported a decline in factory output.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com