Industrial production down in January

Industrial production fell 0.10 percent in January, according to the latest read from the Federal Reserve.

|
SoldAtTheTop
Total industrial production declined by 0.10 percent in January 2013 but rose 2.10 percent above the level seen in January 2012.

Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing a decline in January with total industrial production falling 0.10% since December but rising 2.10% above the level seen in January 2012. 

Capacity utilization also declined dropping 0.27% from December but still climbing a slight 0.46% above the level seen in January of 2012 to stand at 79.06%

 
It's important to recognize that though the "recovery" is well over two years old, both industrial production and capacity utilization are notably below the peaks set in late 2007. 

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
The Christian Science Monitor was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to “speak the truth in love.” Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
QR Code to Industrial production down in January
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2013/0215/Industrial-production-down-in-January
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe