[Marxism] FRB Report on Industrial Production and Capacity Utilization
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Tue Nov 17 08:18:18 MST 2009
INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION
Industrial production increased 0.1 percent in October after having averaged
monthly gains of about 0.9 percent over the previous three months.
Manufacturing production moved down 0.1 percent and the output of mines
decreased 0.2 percent, but the index for utilities rose 1.6 percent. At 98.6
percent of its 2002 average, total industrial production was 7.1 percent
below its level of a year earlier. Capacity utilization for total industry
moved up 0.2 percentage point to 70.7 percent, a rate 10.2 percentage points
below its average for 1972 through 2008, and capacity utilization for
manufacturing was unchanged at 67.6 percent.
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