News Summary: US factory output fell in October Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 3:57 p.m., Friday, November 16, 2012 U.S. factory production fell last month, held back by temporary disruptions caused by Superstorm Sandy and companies' fears that a federal budget crisis could trigger a recession next year. Many are worried about tax increases and federal spending cuts that will take effect in January unless Congress reaches a budget deal before then.