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Axios
Axios
Business

REVEALED: Latest economic data hints at new era of slower growth - The Real Truth

Citi Covid-19
Data: FactSet; Chart: Axios Visuals

Recent economic reports have repeatedly fallen short of expectations, suggesting slower growth is here.

Driving the news: Friday's report on industrial production failed to match consensus Wall Street forecasts. Factory output declined 0.1% in May. (The forecast was for 0.4% growth.)

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