Share this story
Close X
Switch to Desktop Site

Industrial production falls in October

(Read article summary)
View video


(Read caption) This graph shows industrial production levels since 2005, according to the Federal Reserve's monthly read of industrial production.

View photo

Last week, the Federal Reserve released their monthly read of industrial production and capacity utilization showing an notable pullback in October with total industrial production declining 0.43% since September but rising 1.74% above the level seen in October 2011. 

Capacity utilization also declined falling 0.57% from September and remaining just 0.24% above the level seen in October of 2011 to stand at 77.79% 

About these ads

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.