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Industrial production jumps in November

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(Read caption) This graph tracks US industrial production levels since 2005, according to the Federal Reserve.

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Today, the Federal Reserve released their monthly read of industrial production and capacity utilization showing notable increase in November with total industrial production increasing 1.05% since October and rising 2.51% above the level seen in November 2011. 

Capacity utilization also jumped 0.91% from October and climbing 0.93% above the level seen in November of 2011 to stand at 78.42% 

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. 

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