Economic Update: Industrial Production, Capacity Utilization

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Economic Update: Industrial Production & Capacity Utilization

The Federal Reserve reported that U.S. Industrial Production for the month of January fell by -0.1%, which was below the consensus for +0.1%.

Prior Reports for comparison:

• December: +0.4% (revised up from +0.3%)
  
• November: +1.0%
  
• October: -0.7%
  
• September: +0.2%
  
• August: -1.4%
  
• July: +0.5%
  
• June: +0.4%
  
• May: -0.2%
  
• April: +1.0%
  
• March: -0.6%
  
• February: +0.0%
  
• January 2012: +0.4%
  
• December: +0.8%
  
• November: -0.3%
  
• October: +0.7%
  
• September: -0.2%

The nation’s factories reported that Capacity Utilization came in at 79.1%, which was above the expectations for a reading of 78.9.

Prior Reports for comparison:

• December: 79.3% (revised up from 78.8%)
  
• November: 78.7%
  
• October: 77.7%
  
• September: 78.2%
  
• August: 78.0%
  
• July: 79.2%
  
• June: 78.9%
  
• May: 78.7%
  
• April: 79.2%
  
• March: 78.4%
  
• February: 78.7%
  
• January 2012: 78.8%
  
• December: 76.0%
  
• November: 77.8%
  
• October: 78.0%
  
• September: 77.4%

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