About: http://data.cimple.eu/news-article/9af65d19306938ddcb791c8b35e9392b1f1077557cf1205dc03423e3

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/9af65d19306938ddcb791c8b35e9392b1f1077557cf1205dc03423e3 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The shutdown of Boeing production lines for the grounded 737 MAX continued to undercut US industrial output in January, which declined for the second consecutive month, the Federal Reserve reported Friday. A boost in auto manufacturing partly offset the drop in aircraft output, but unusually mild weather meant utilities fell for the second straight month as well, according to the monthly data report. Total industrial production fell 0.3 percent compared to December, following a 0.4 percent drop in the final month of the year, when Boeing announced it would have to shut down assembly of the MAX aircraft which was grounded in March 2019 following two deadly crashes. Manufacturing of aircraft and parts plunged 9.1 percent compared to the prior month -- the biggest drop since September 2008 when Boeing machinists went on strike. That decline was partially offset by a 2.4 percent rise in motor vehicles and parts, so overall manufacturing output declined just 0.1 percent, the Fed said. And without the dropoff in aircraft production, factory output would have risen 0.3 percent, rather than declining 0.1 percent. Meanwhile, the absence of harsh winter weather lowered demand for heating, causing utilities to drop 4.0 percent last month after a 6.2 percent drop in December. Mining output had another strong month, rising 1.2 percent. Total industrial production remains 0.8 percent lower than a year earlier, while the manufacturing sector, which has been in recession for months amid President Donald Trump's multi-front trade wars, is down by the same amount. Meanwhile, total industrial capacity in use fell to 76.8 percent last month from 77.1 percent, well below the long-run average. The mining sector is using 90.7 percent of installed capacity, far above the long-run average of 87.2 percent, the report said. hs/cs
schema:headline	Boeing woes weigh on US industrial output in January: Fed
schema:mentions	2001 Omsk An-70 crash Industry Federal Reserve Recession President of the United States Donald Trump Boeing 737 MAX groundings MAX Light Rail
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-14 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	52 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software