11. Analysts said prices could fall further unless the Organization of Petroleum Exporting Countries cuts production to accommodate the extra oil. 12. And Ford actually surpassed GM in automotive revenue, although this was partly because GM cut production more deeply than Ford in response to the slowing economy. 13. And few economists expect a turnaround before next spring because companies are cutting production to trim inventories they built up after underestimating the impact of the tax increases. 14. And with prospects for a quick recovery in consumer spending fading, companies like Toyota Motor Corp. and Mitsubishi Motors Corp. have cut production. 15. As he had in Seattle, Greenspan welcomed the decision by companies to cut production to reduce inventories. 16. As sales slowed, companies cut production and scaled back hiring, overtime hours and wage increases, further depressing demand. 17. As the economy in the United States slows, American manufacturers are responding with rapid moves to cut costs, cut production and, especially, cut work forces. 18. As the economy slowed last year, they cut production sharply. 19. At home, manufacturers are cutting production to reduce inventories they built up this summer when they misgauged the impact of the increase in the consumption tax. 20. At least three big aluminum companies here in the Northwest have shut down or sharply cut production of aluminum in recent weeks. |