WASHINGTON—Industrial output fell sharply in February as severe winter storms battered much of the country, disrupting a wide range of manufacturing activities from autos to chemical plants. The expectation is that the drop will be temporary although there are concerns about growing global supply chain problems. The Federal Reserve reported Tuesday that industrial production fell 2.2 percent in February, reflecting a big decline in output at factories and oil and gas refineries. Industrial production fell 2.2 percent last month interrupting a string of four positive monthly gains as U.S. factories recovered from the pandemic-induced recession of last spring. Industrial production had been up 1.1 percent in January and 1 percent in December. The drop in February reflected a 3.1 percent fall in manufacturing and a 5.4 percent decline in mining, a category that includes oil and gas production. The only sector showing an increase last month was utilities, where output …
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