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Recession fears rise as inflation pressures grow
Washington reports a 1 percent February jump in wholesale prices led by a 7.4 percent rise in energy costs. Manufacturing output slipped for the second of three months while overall factory activity rose 0.1 percent. Consumer sentiment fell in March to 75.0 from 79.9 amid war unease and higher gasoline prices.
MENTIONED IN THIS ARTICLE
Washington
U.S
United States
Iraq
University of Michigan
Robert Gay
Commerzbank
New York
Labor Department