Friday, April 15, 2011

Production Pullback: Industrial Production March 2011

Today, the Federal Reserve released their monthly read of industrial production showing a notable increase with total industrial production climbing 0.80% from February and rising 5.88% above the level seen in March 2010.

Capacity utilization continued to trend up rising 0.70% from February and climbing 6.32% above the level seen in March of 2010 to stand at 77.40%