Industrial Production and Capacity Utilization Reports Are Latest to Disappoint
May 17, 2011
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Economic Update: Industrial Production & Capacity Utilization
The Federal Reserve reported that U.S. Industrial Production for the month of April was unchanged, which was below the consensus for a rise of +0.4%.
Prior Reports for comparison:
- March: +0.8%
- February: +0.1%
- January: +0.3%
- December: +0.8%
- November: +0.3%
- October: 0.0%
- September: -0.2%
- August: +0.2%
- July: +0.6%
- June: -0.1%
- May: +1.3%
The nation’s factories reported that Capacity Utilization came in at 76.9%, which was below the expectations for 77.6%
Prior Reports for comparison:
- March: 77.0%
- February: 76.9%
- January: 76.1%
- December: 76.0%
- November: 75.4%
- October: 74.8%
- September: 74.7%
- August: 74.8%
- July: 74.6%
- June: 74.1%
- May: 74.1%
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